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41125 Us Highway 72
Stevenson, AL 35772

$525,420 USD

Storefront For Sale  •  12,000 SF

Property Details

  • Property Type Storefront
  • Total Building Size 12,000 SF
  • Lot Size 1.24 AC
  • Building Class C
  • Year Built 1976
  • Tenancy Multiple
  • Zoning Commercial
0 Transit Score
6 Walk Score

Highlights

Owner recently invested $125k into the roof, facade, parking lot, and interior
Significant upside potential
Below market rent - DG's lease expires in 3 years providing considerable rental upside
Billboard company has offered to install a billboard that would increase the NOI by $6,000
Pro-forma cap rate of 12% with billboard and lease-up of vacant space at $6.4 /sf
Sam Wesson 818-579-0652 Exclusive Realty
Sam Wesson 818-579-0652 Exclusive Realty