Building Details

Tenancy Single

Listing Agency: Twin Rivers Capital

Listed By: Caroline Saltiel

Source: Crexi

Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 2:49PM

Report an Issue

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Twin Rivers Capital

Investment Insights

Based on property information with market context.

This NNN retail property includes a 10,500-square-foot building occupied by Family Dollar Tree in a new combination-store format. The lease term exceeds 10 years, and the tenant is identified as investment-grade credit, providing an established occupancy profile for the asset.

Located at 21 Head Dr in Cleveland, Alabama, the property fronts Hwy. 160, which records 5,050 vehicles per day. The surrounding trade area reports a 3-mile median household income of $52,682 and an average household income of $63,106.

Key Highlights

• 10,500 SF retail building occupied by Family Dollar Tree
• Lease term of 10+ years
• Investment‑grade credit tenant

Property Analytics

Current Use

Family Dollar Discount Store LibertyX Bitcoin ATM Atm

Suggested Use

Top Pick Parking Lot & Garage Auto Parts Store Storage Facility Building Supply (Bike/Boat/Book/etc) Store Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5,050 VPD

Traffic count

Single-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

131

Businesses Nearby

Explore this area Business Placement

Demographics for 35049, AL

3,983

Population

1,768

Households

2.3

Avg Household Size

40

Median Age

11%

College-Educated

86%

High-School Grad

41.6 sq mi

ZIP Area

96

Density / Sq Mi

$60,451

Median Household Income

$34,533

Median Earnings

$928

Median Rent

$182,500

Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this nnn properties located? What is the asking price? Find similar properties ... What are key features of this property?

Ask Rey about this property ...

Frequently Asked Questions

What type of property is this?

NNN property - New combination-store format occupied by an investment-grade credit tenant under a lease extending beyond a decade.

Where is this nnn property located?

The property is located at 21 Head Dr Cleveland, AL.

What are key features of this property?

This property features: 10,500 SF retail building occupied by Family Dollar Tree; Lease term of 10+ years; Investment‑grade credit tenant