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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

3949 Al-9 Cedar Bluff, AL 35959

10,500 SF Built 2022
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2022
Total area 10,500 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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