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NEW Family Dollar Tree 42985 State Highway 75

10,500 SF Retail Building Altoona, AL 35952 $2,538,270 CAD ($242 CAD/SF) 7.40% Cap Rate

Investment Highlights

  • large concrete parking lot with virtually zero maintenance 
  • full 10 year term of lease
  • Centrally located between Cullman and Gadsden
  • 1 year general contractor warranty
  • Dollar Tree (NASDAQ; DLTR) is a $26.32B revenue company with an investment grade (S&P: BBB) credit rating

Executive Summary

NEW Family Dollar Tree
42985 State Hwy 75, Altoona, AL 35952
Blount County
1) large concrete parking lot with virtually zero maintenance 
3) Dollar Tree (NASDAQ; DLTR) is a $26.32B revenue company with an investment grade (S&P: BBB) credit rating
4) Centrally located between Cullman and Gadsden

Attachments

Snead OM

Property Facts

Sale Type
Investment
Sale Condition
Lease Option
Property Type
Retail
Building Size
10,500 SF
Year Built
2023
Price
$2,538,270 CAD
Price Per SF
$242 CAD
Cap Rate
7.40%
NOI
$187,833 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
1.63 AC

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
05-07-35-0-000-033.000
Land Assessment
$62,769 CAD
Improvements Assessment
$0 CAD
Total Assessment
$62,769 CAD
  • Listing ID: 29637163

  • Date on Market: 2023-09-27

  • Last Updated:

  • Address: 42985 State Highway 75, Altoona, AL 35952

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