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
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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: |
12/9/2019 |
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.
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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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