13949 Bartow Ln Duncanville, AL 35456
- Retail properties
- 10,500 SF
Current Use by Public Records
- Retail properties
Property Details for 13949 Bartow Ln
- Property size
- 10,500 SF
- Property type
- Retail properties
- Property subtype
- Grocery and convenience stores
Description
This exceptional investment opportunity presents a 10,500 square foot, 100% occupied Family Dollar/Dollar Tree retail property located at 13949 Bartow Ln, Duncanville, AL 35456. The property is offered at $1,678,467, representing a price per square foot of $159.85 and a 6.85% cap rate. The net lease structure features a corporate guarantee and rent increases every five years, with six, five-year lease options remaining. The property boasts a strong net operating income (NOI) of $114,975. This newly constructed, dual-branded convenience store enjoys excellent visibility and convenient access. Situated in Tuscaloosa County, the property benefits from a strong demographic profile within a three-mile radius, including an average household income of $50,457. The property's new construction, high visibility, and easy ingress/egress make it an attractive investment. This is a turnkey opportunity with minimal landlord responsibilities.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Duncanville
- County
- Tuscaloosa
- State
- Alabama
- Longitude
- -87.4573
- Latitude
- 33.0853