3949 Al-9 Cedar Bluff, AL 35959
This exceptional investment opportunity presents a 10,500-square-foot retail property in Cedar Bluff, Alabama, housing a Family Dollar and Dollar Tree. The property boasts a strong 8.00% cap rate, generating a net operating income (NOI) of $112,665. Built in 2022, the property is situated at 3949 AL-9, 35959, and benefits from a 100% occupancy rate under a Net Lease (NNN) agreement. The lease, commenced December 1, 2022, features a remaining term of 8.2 years, extending to January 31, 2033, with favorable 5-year lease options including 5% rent bumps. The tenant, Dollar Tree, Inc., provides a corporate guarantee, ensuring financial stability. The property's strategic location offers convenient access, with proximity to The Cove at Riverside Campground and Cedar Bluff High School. The asking price is $1,408,200, translating to $134.11 per square foot. This represents a compelling investment with a secure, long-term lease and significant upside potential. The property's strong tenant, favorable lease terms, and prime location make it an attractive addition to any portfolio.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.