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    Established Retail Property For Sale Title is generated by Realmo AI

    AL-75 & Bellview Road Henagar AL, Henagar, AL 35978

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    Long-term lease with investment-grade tenant in a high-traffic location.

    Type:Retail
    Property size:
    10,500 SF
    Price / SF:
    $157/SF
    Added:
    Sep 23, 2022
    Days on Market:
    1361
    Last Refresh:
    May 19 at 9:02 pm

    Property Features for AL-75 & Bellview Road Henagar AL

    General Information

    Standard status
    Active
    Size
    10,500 SF
    Property subtype
    Retail

    Building Details

    Year Built
    2022

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    Listing Contact
    Joe Boyd

    Listing agent Joe Boyd License #SC

    Listing office Twin Rivers Capital Real Estate Development

    Listing date Sep 23, 2022

    Source Crexi

    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 Real Estate Development

    HighLights

    • Long‑term (10+ year) lease provides stable income.
    • Investment‑grade tenant minimizes risk.
    • Recession‑proof business ensures consistent revenue.
    • E‑commerce resistant tenant protects against online competition.
    • Ultra‑successful combo store format attracts customers.
    • Hard corner location with access to two roads (AL‑75 & AL‑40).

    Overview

    This commercial property features a tenant with a lease term exceeding 10 years. The tenant is investment grade, recession-proof, and e-commerce resistant, operating an ultra-successful combo store format. The property is located on a hard corner with access to both AL-75 and Bellview Road. Traffic volume on AL-75 is 4,940 vehicles per day (VPD), while AL-40 sees 4,450 VPD. The property size is 10500 square feet.

    Local Financial Insights For Specialty Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $167.6k $15.96
    − Vacancy −$13.1k −$1.24
    EGI $154.5k $14.72
    − OpEx −$38.6k −$3.68
    NOI $115.9k $11.04
    10,500 SF · lease $15.96/SF/yr · vacancy 7.80% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $1.66M
    $1.45M – $1.93M (±1% cap)
    NOI $115,882 @ 7.0% cap · market cap 7.03%
    Second Best
    Retail
    $907.2K
    $793.8K – $1.06M (±1% cap)
    NOI $63,504 @ 7.0% cap · market cap 3.85%
    Theoretical Best
    Healthcare Medical
    $1.69M
    $1.48M – $1.97M (±1% cap)
    NOI $118,409 @ 7.0% cap · market cap 7.18%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Map

    City
    Henagar
    County
    DeKalb
    State
    Alabama
    Longitude
    -85.7217
    Latitude
    34.6124

    FAQs

    What type of property is this?
    Grocery and convenience store - Long-term lease with investment-grade tenant in a high-traffic location.
    Where is this grocery and convenience store located?
    The property is located at AL-75 & Bellview Road Henagar AL Henagar, AL.
    What is the asking price?
    The asking price for this property is $1,648,900.
    What are key features of this property?
    This property features: Long‑term (10+ year) lease provides stable income.; Investment‑grade tenant minimizes risk.; Recession‑proof business ensures consistent revenue.
    More about this property
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