4005 Stillman Blvd Tuscaloosa, AL 35401

Property Details for 4005 Stillman Blvd

Property size

10,000 SF

Property type

Retail space

Property subtype

Storefront properties

Description

This exceptional investment opportunity presents a brand-new, 10,000-square-foot Dollar Tree storefront in Tuscaloosa, Alabama. Completed in 2024, the property boasts a 10-year NNN lease guaranteed by Dollar Tree Stores, Inc., a company with an S&P BBB credit rating, ensuring consistent rental income. The current rent of $13.89 per square foot is significantly below market value (50% below), offering substantial long-term upside potential upon lease renewal in 2034. The property enjoys excellent visibility and accessibility, with direct frontage on Stillman Blvd, experiencing 13,733 vehicles per day. Dual access points from Highway 43 S and Clinton Drive further enhance convenience. Strategically located in Tuscaloosa's second-densest neighborhood (4,388 people per square mile), it's less than 2.5 miles from the University of Alabama campus and benefits from a rapidly growing population—16.5 times the national average in 2022. Proximity to a large 700-acre industrial park employing approximately 2,500 people (Michelin, Hunt Refinery, Gaylord Chemical, etc.) and its adjacency to Stillman College (800 students and faculty) provide a robust customer base. This property offers a compelling combination of strong tenant occupancy, below-market rent, and a prime location in a thriving market, making it an ideal addition to any investment portfolio. The asking price is $1,984,286, translating to $198.43 per square foot.