STREAM Capital Partners > Properties > All Properties > Dollar Tree Anchored Strip Center

Dollar Tree Anchored Strip Center

Net Lease

36 Steber Street , Helena, Alabama
Ownership Type:
Owner/User
Price:
$3,021,917
Cap Rate:
7.25%
Current Rent:
$219,089
Tenancy:
Multi-Tenant
Lease Type:
DoubleNet
Landlord Responsibilities:
Roof + Structure, CAM, Parking Lot and Landscaping, Building Insurance
Building Sq. Ft.:
14,042 SF
Site Size:
1.50 Acres

Investment Highlights

  • Brand New Lease with Minimal Landlord Responsibilities: New construction NN lease with options to extend providing passive ownership opportunity.
  • Affluent Area: The average household income within a 1 mile radius is $100,000.
  • Retail Dense Location: Located near other national tenants such as Walmart, Chick Fil A, Taco Bell, Zaxby’s, and McDonald’s.
  • Strong Corporate Backed Leases: All Leases Carry a Corporate-Level Guarantee
  • Strategic Positioning: Located just off County Road 17, which experiences traffic volumes exceeding 20,000 vehicles per day (VPD).
  • Population and Household Growth: The local population and number of households are projected to increase by 10% over the next five years.
Ownership Type:
Owner/User
Price:
$3,021,917
Cap Rate:
7.25%
Current Rent:
$219,089
Lease Type:
DoubleNet
Landlord Responsibilities:
Roof + Structure, CAM, Parking Lot and Landscaping, Building Insurance
Building Sq. Ft.:
14,042 SF
Site Size:
1.50 Acres

Listing Agents

Adam English

Managing Director
256.694.9803[email protected]

Adam Baxter

Vice President
205 394 3520[email protected]

Ben Hollis

Analyst
256.595.2574[email protected]

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