Dollar Tree

712 Main St NE, Hanceville, AL

Property Information

Price Summary

$ 844,800

Cap Rate

8.75 %

NOI

$ 73,920

Total Lot Size

0.92 Acres

Building Size

9,240 SF

Chance Hales

Partner

T: (806) 679-9776

Property Highlights

  • Dollar Tree in Hanceville, AL With 3+ Years Remaining on Current Term
  • 6.25% Rent Increase in the Option Period
  • Healthy 5-Mile Demographics for a Dollar Store With Nearly 12,000 Residents
  • Near a Signalized Intersection With Combined Traffic Counts of 17,000+ Vehicles Passing Daily
  • Features Multiple Entry Points and Ample Parking for Customer Convenience and Easy Access
  • Close Proximity to Hanceville Schools, Local Businesses, and Community Amenities
  • Strong Corporate Guaranty by Investment Grade Tenant, Dollar Tree Inc.($DLTR), With an S&P Credit Rating of BBB

Point of Contact

Chance Hales

Partner

T: (806) 679-9776

TX# 597585

Eric Kelley

Director

T: (281) 610-5011

TX #9007104

Cody Crist

Partner/Director

T: (817) 584-2000

TX #697980

Branson Blackburn

Managing Partner

T: (682) 233-5223

TX# 611825

In cooperation with Brian Brockman at Bang Realty-Alabama Inc | AL #119315 | bor@bangrealty.com | (513) 898-1551

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