REIT Sale | Family Dollar (Dark) | Lease Expires Jan 2027

Description:

Ri Marketplace Online Auction August 11-13, 2025
Register to bid on Marketplace:

https://rimarketplace.com/auction/2604/reit-sale-family-dollar-dark-lease-expires-jan-2027?utm_source=brevitas&utm_medium=listing&utm_campaign=external&utm_content=retail_2604

Marcus & Millichap is pleased to present the fee simple interest in a dark Family Dollar building located at 206 Greensboro Street in Eutaw, Alabama (the “Property”). The Property is being offered significantly below replacement cost, creating an attractive opportunity for owner/users or investors to acquire a well-located commercial asset with substantial value enhancement potential. FIRST BID MEETS RESERVE!

The Property is improved with a one-story, free-standing, single tenant retail building totaling ±8,763 square feet and strategically positioned on a huge parcel totaling ±1.29 acres of land. The Property was formerly occupied by Family Dollar who vacated the premises and is paying out their annual $61,341 rent for the remainder of their term through January 31, 2027. Utilities, real estate tax, and insurance reimbursements are paid by the tenant.

Eutaw is a strategically located city in west-central Alabama, serving as the county seat of Greene County with access to major routes including US-11, US-43, AL-14, and nearby I-20/59. The Property offers prime frontage/visibility along heavily trafficked Greensboro Street with traffic counts of ±6,197 vehicles per day. The Property is in a dense retail corridor with nearby retailers including Piggly Wiggly, Marathon, Dollar General, USPS, and others. The Property is positioned in an area with ±5,399 people within a 10-mi radius and an average household income of $40,953.


Daniel Culps
c/o Fisher Auction Company Inc.
License: 5070

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