2960 Cedar Bend Rd Southside, AL 35907
- Retail properties
- 10,000 SF
- 1.44 lot acres
Current Use by Public Records
- Retail properties
Property Details for 2960 Cedar Bend Rd
- Lot size
- 1.44 lot acres
- Property size
- 10,000 SF
- Property type
- Retail properties
- Property subtype
- Retail space
Description
This exceptional investment opportunity presents a brand-new, 10,000 square foot Dollar Tree storefront in Southside, Alabama. Built in 2024, the property boasts a 10-year NNN lease guaranteed by Dollar Tree Stores, Inc. (S&P BBB Credit), ensuring a stable and predictable income stream. Located at a signalized intersection, the property benefits from high visibility and accessibility, with direct frontage to 25,192 vehicles daily. The area demonstrates strong growth, exceeding national averages in population and median household income. Its strategic location near a major industrial development mega-site, a large high school, and its safe environment further enhance its long-term potential. The property offers a 7.25% cap rate and a substantial NOI of $148,400, making it an attractive addition to any portfolio. The 1.44-acre lot provides ample space, and the asking price is $2,046,897 ($204.69/sq ft). This is a rare opportunity to acquire a high-performing retail asset in a rapidly growing market. The property is situated at 2960 Cedar Bend Rd N, Southside, AL 35907, within Etowah County. The favorable demographics, coupled with the strength of the Dollar Tree brand and the long-term lease, make this a compelling investment prospect.
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
- Southside
- County
- Etowah
- State
- Alabama
- Longitude
- -86.0226
- Latitude
- 33.9252
