150 Titus Road
Titus, AL
Price:
$1,283,689
Cap Rate:
6.50%
NOI:
$82,440
Building Size:
Approx. 9,180 Sq. Ft.
Lot Size:
Approx. 1.6 Acres
Type:
Single-Tenant / Retail
Sub Category:
Dollar Store
Year Built:
2019
Investment Overview
- 2019 Construction. 9,180+/- SF Building on 1.6+/- Acre Site
- 11+ Years Remaining on 15 Yr Corporate Absolute NNN Lease w/ 10% Rental Increases in 6 Option Periods
- Excellent Location Just off of US-231 N (5K VPD) on Titus Rd (1.8K VPD)
- Titus is Located Outside of Montgomery Near Wetumpka, Two Cities Experiencing Tremendous Growth
- Dollar General is the Country’s Largest Small-Box Discount Retailer | E-Commerce Resistant
- Dollar General Completed More Than 1,750 Store Remodels in 2021 & Plans for More in 2022
- Titus | Near the State Capital of Montgomery | Population: 1,500+