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247 Wesley Ave N
Cullman, AL 35058

$1,542,188 USD

Freestanding For Sale  •  10,500 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 10,500 SF
  • Lot Size 1.29 AC
  • Building Class B
  • Year Built 2023
  • Cap Rate 8.00 %
  • Tenancy Single
20 Walk Score

Highlights

2023 build to suit Family Dollar
±8.5 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
The subject property comes with a 20-year roof warranty
Cap Rate: 8.00 %
Hutt Cooke 615-521-6955 Matthews Real Estate Investment Services
Hutt Cooke 615-521-6955 Matthews Real Estate Investment Services