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Family Dollar Anchored Strip Center

20-30 N Broadway Ave, Sylacauga, AL 35150, USA

For Sale

$2,105,803

Property Description

  • Investment Grade Anchor Tenant: Family Dollar, a BBB-rated investment-grade tenant, offers property stability and low-risk appeal.

  • Anchor Tenant Tenure: Family Dollar anchors the center, generating strong foot traffic. Their 20+ year presence indicates a high likelihood of lease renewal.

  • 100% Occupancy: The center's 100% occupancy ensures reliable income and reflects strong demand for the space.

  • Low PPSF Compared to Market: Market average for this asset type is $130 PPSF, but this site is offered at $74.

  • Nearby Surrounding Residential: Over 6,500 homes within 3 miles provide a convenient commute to the site.

  • Retail Corridor: Major national tenants within a half-mile—like Walgreens, Arby's, and AutoZone—highlight the area's strong real estate fundamentals.

  • High Traffic 10,371 VPD: Located off the main thoroughfare in Sylacauga, which has 12,500 residents, the property benefits from high traffic with over 10,000 cars passing daily—over 80% of the town's population.

  • Accessibility Off Broadway Ave: The property features two entry points and a center turn lane for easy accessibility.

  • Ample Parking: The center offers around 90 parking spaces, providing one space per 315 square feet to handle high traffic volumes.

The Property Profiler - DG - Fayetteville, NC.pptx.png
Offering Memorandum

Property Details

Property Type

Retail

Net-Lease

Size

28,515

Acres

Property Location

20-30 N Broadway Ave, Sylacauga, AL 35150, USA

Contact Agent

Alec Marks

(404) 905-2364

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