Roswell Albertsons
Retail-Commercial
for Sale
| Catylist Listing ID: |
30320701 |
| Property Subtypes: |
Free-Standing Building, Street Retail
|
| Building Size (RSF): |
36,795 SF
|
| Gross Land Area: |
2.87 Acres
|
| Sale Price: |
$2,335,000 |
| Unit Price: |
$63.46 PSF |
| Property Use Type: |
Net Leased Investment (NNN), Investment |
| Building Name: |
Albertsons Market |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
7.5% |
| Last Updated: |
7/8/2020 |
Overview / Comments
|
With a recent $1,000,000 store renovation and with approximately 4 years left renewal lease, this Albertsons Market is a great NNN investment with minimal landlord responsibilities. This stand-Alone 36,795 SF building is located on a major arterial street and has proved to be a successful grocery location in the Roswell market. Albertsons Market has two five-year options remaining with 9% increases on each. Landlord is responsible for roof, HVAC and Parking lot.
|
Additional Details
| Nearest MSA: |
Roswell |
| County: |
Chaves |
| Tax ID/APN: |
4135062178018000000 |
| Retail Clientele: |
General, Family, Business, Traveler, Tourist |
| Property Visibility: |
Excellent |
| Site Description: |
Lighted intersection approximately 2.87 acres |
| Tenancy: |
Single Tenant |
| Total Number of Buildings: |
1 |
| Number of Stories: |
1 |
| Typical SF / Floor: |
36,795 SF |
| Property Condition: |
Good |
| Roof Type: |
Flat |
| Construction/Siding: |
Block |
| Parking Type: |
Surface |
| Zoning Description: |
C-2 |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
9,104 |
42,386 |
48,143 |
| Median Age: |
31.76 |
34.53 |
35.67 |
| Households: |
3,535 |
15,755 |
18,011 |
|
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