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101 Frankfurt Circle
Birmingham, AL 35211 Sand Ridge

$1,900,000 USD

Freestanding For Sale  •  7,140 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 9,026 SF
  • Lot Size 1.96 AC
  • Building Class B
  • Year Built 2021
  • Cap Rate 6.71 %
  • Zoning I-3
30 Transit Score
20 Walk Score

Highlights

Absolute NNN lease with 10 years remaining and five 5-year renewal options.
Corporate guaranteed lease by Dollar General, investment-grade BBB credit.
Prime corner location with ±20,000 vehicles per day and excellent visibility.
Dense trade area with 39,952 residents in 3 miles and 152,845 in 5 miles.
2021 construction, 9,026 SF building on 1.96-acre lot in Birmingham MSA.
Hands-off investment with minimal landlord responsibilities and stable income.
Cap Rate: 6.71 %

Major Tenants

Tenant SF Occupied Lease End Date
Dollar General

Public Transportation

Commuter RailDriveWalkDistance
14 min - 8.8 mi
AirportDriveWalkDistance
Birmingham-Shuttlesworth International 22 min - 13.9 mi
Hutt Cooke 615-521-6955 Matthews Real Estate Investment Services
Hutt Cooke 615-521-6955 Matthews Real Estate Investment Services