2896 Ready Section Road
Toney, AL
Price:
$1,295,455
Cap Rate:
6.50%
NOI:
$84,204
Building Size:
Approx. 9,180 Sq. Ft.
Lot Size:
Approx. 1.4 Acres
Type:
Single-Tenant / Retail
Sub Category:
Dollar Store
Year Built:
2019
Investment Overview
- 2019 Construction. 9,180+/- SF Building on 1.4+/- Acre Site
- 11+ Years Remaining on 15 Yr Corporate Absolute NNN Lease w/ 10% Rental Increases in 6 Option Periods
- Excellent Location at the Intersection of the Thoroughfares Ready Section Rd & Old Railroad Bed Rd
- Surrounded by Over 15,000 Residents within a 5 Mile Radius of the Site, Providing a Strong Consumer Base
- 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
- Toney | 15 Miles from Huntsville, AL | Huntsville MSA Population: 502,500+