16 County Road 206
Bridgeport, AL
Price:
$1,360,926
Cap Rate:
6.80%
NOI:
$92,543
Building Size:
Approx. 9,180 Sq. Ft.
Lot Size:
Approx. 1.73 Acres
Type:
Single-Tenant / Retail
Sub Category:
Dollar Store
Year Built:
2019
Investment Overview
- 2019 Construction. 9,180+/- SF Building on 1.73+/- Acre Site
- 11+ Years Remaining on 15 Yr Corporate Absolute NNN Lease w/ 10% Rental Increases in 6 Option Periods
- Excellent Location on County Road 206 (3.6K VPD), Surrounded by Over 4K Residents
- Bridgeport is Just 35 Miles Southwest of Chattanooga, TN and 65 Miles East from Huntsville, AL
- 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
- Bridgeport | Situated Along the Tennessee River | Population: 2,000+