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247 Wesley Ave N
Cullman, AL 35058

$1,542,188 USD

General Retail For Sale  •  1,542,188 SF

Property Details

• Property Type General Retail
• Total Building Size 10,500 SF
• Lot Size 1 AC
• Year Built 2023
• Cap Rate 8.00 %

0 Transit Score

27 Walk Score

Highlights

2023 build to suit Family Dollar Tree

±9.25 years remaining on an initial 10-year lease

Corporately guaranteed lease

Rent increases of $5,250 ($0.50 / SF) in all five, 5-year options

Family Dollar Tree Combo stores have proven 20% higher sales volume than non-co-branded stores

The subject property comes with a 20-year roof warranty

Cap Rate:

8.00 %