100 Angry Beaver Way Madison, AL 35758
- Lifestyle centers
- 15,656 SF
- 2.34 lot acres
Current Use by Public Records
- Lifestyle centers
Property Details for 100 Angry Beaver Way
- Year built
- 2019
- Lot size
- 2.34 lot acres
- Property size
- 15,656 SF
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
This exceptional investment opportunity presents a fee-simple ownership of a 15,656-square-foot Duluth Trading Company retail property situated on a 2.34-acre lot in Madison, Alabama (100 Angry Beaver Wy, 35758). The property, built in 2019, boasts a strong 100% occupancy rate under a 15-year Net Net (NN) lease with a corporate guarantee from Duluth Holdings Inc. The lease commenced June 1, 2019, and has a remaining term of approximately 9.5 years, with four, five-year renewal options. The current annual net operating income (NOI) is $396,097, representing an attractive 8.00% capitalization rate and a price per square foot of $316.25. The lease includes scheduled rent increases of 10% every five years, providing significant long-term growth potential. This single-tenant property offers a secure, passive income stream backed by a financially stable national retailer with a proven track record. The property's location in Madison, Alabama, provides excellent visibility and accessibility. This is a rare opportunity to acquire a high-quality, net-leased retail investment with substantial upside potential. The asking price is $4,951,213.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Madison
- County
- Madison
- State
- Alabama
- Longitude
- -86.7484
- Latitude
- 34.6735
