Marvin’s Building Supply

33225 US Hwy 43, Thomasville, AL

Property Information

Price Summary

$ 1,653,005

Cap Rate

9.25 %

NOI

$ 152,903

Total Lot Size

4.6 Acres

Building Size

41,305 SF

Cale Powers

Associate Director

T: (719) 331-4944

Property Highlights

  • Marvin’s Building Supply With 2+ Years Remaining on Current Term, Have Already Exercised two Extension Options
  • Long Operating Hardware Store Established in 2009
  • Attractive 2.25% Rental Increases to Occur Annually
  • Located Along US-43 With 16,670 Vehicles Passing/Day
  • Situated Around Several Credit Retailers and Several Apartment Complexes Generating Additional Traffic to the Area
  • Marvin’s is a Member of the Central Network Retail Group, Operating Over 28 Store Locations Throughout the Southeast
  • Landlord has Performed Ample Capex Improvements to the Parking lot and HVAC Systems Over the Past 5 Years

Point of Contact

Cale Powers

Associate Director

T: (719) 331-4944

TX #739475

Matthew Simmons

Associate Director

T: (817) 718-2384

TX #767226

In Cooperation With Brian Brockman
at Bang Realty-Alabama Inc | AL #119315 | bor@bangrealty.com

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