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Dollar Tree, Family Dollar
450 West Front Street - Evergreen, AL 36401
Sands Investment Group is Pleased to Present For Sale the Dollar Tree & Family Dollar Gross Lease Asset Located in Evergreen, Alabama. Introducing a Prime retail Opportunity in Evergreen, AL. This Expansive 14,632 SF Building is Perfectly Positioned in the Heart of the Evergreen Area, Offering Ample Space For Retail Endeavors. Boasting a Strategic Location, This Property Presents Immense Potential For a Variety of Retail or Street Retail Ventures. With a Generous Square Footage and a Desirable Location, This Property Provides an Ideal Canvas For Retail Investors to Create a Thriving Commercial Space. Don’t Miss the Chance to Capitalize on this Exceptional Property in the Vibrant Evergreen Area.
- Well-Positioned Retail Asset Featuring a 14,452 SF Building, Situated on a 1.8-Acre Lot With 30 Dedicated Parking Spaces; the Property Offers Strong Accessibility and Convenience For Customers – Ensuring Long-Term Viability of the Asset in a High-Demand Retail Sector
- Located on Evergreen’s Main Retail Corridor, Surrounded By National and Regional Retailers Including Dollar General, Marathon Gas, CVS, O’Reilly Auto Parts, Pharm-a-Care, Regions Bank, and Church’s Chicken. ( ±8,000 VPD )
- Current Rent at $5.20 Per Square Foot, Providing a Strong Value Proposition With Potential For Future Rent Growth
- Renovated in 2021 For Family Dollar/Dollar Tree, Including a New Paint Job, HVAC Upgrades, Roof Restoration, and an Elevated Rear Loading Dock For Improved Operations
- Rare Opportunity Which Includes a License to Sell Alcoholic Beverages – Which is a Major Value-Add For Any Retail Location
- Five Option Periods Remaining With Fixed Rental Increases in Each
BoR: Andrew Ackerman – Lic. AL #1089690
Dollar Tree, Family Dollar
450 West Front Street - Evergreen, AL 36401
DOLLAR TREE
Dollar Tree Stores, Inc., is an American chain of discount variety stores that sells items for $1 or less. Each Dollar Tree stocks a variety of products including national, regional, and private-label brands. Departments found in a Dollar Tree store include health and beauty, food and snacks, party, seasonal décor, housewares, glassware, dinnerware, household cleaning supplies, candy, toys, gifts, gift bags and wrap, stationery, craft supplies, teaching supplies, automotive, electronics, pet supplies, and books. Dollar Tree, a Fortune 200 Company, operated 16,500 stores across 48 states and five Canadian provinces as of February 1, 2025.
FAMILY DOLLAR
Family Dollar Stores, Inc. is an American variety store chain. With over 8,000+ locations Family Dollar Stores, Inc. operates general merchandise retail discount stores. Its products are categorized under consumables, home products, apparel and accessories, and seasonal and electronic products. The company’s apparel and accessories category products include men’s, women’s, boys’ and girls, and infants’ clothing shoes and fashion accessories. Its seasonal and electronics products category include toys, stationery and school supplies, seasonal goods, personal electronics, which include pre-paid cellular phones and services.
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Vacant Family Dollar – For Sale/Lease | Nortonville, KY
Nortonville, Kentucky
Cap Rate: —
$1,372,549
Available
Price
$700,000
Cap Rate
10.64%
PREMISES
14,452 SF
RENEWAL OPTIONS
5 x 5 Year Options
Lease Expiration
06/30/2026
Lease Type
Gross
RENTAL INCREASES
Fixed Increase Every Option Period ($7226.04/TERM)
BROKERS
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Sands Investment Group (“Broker”) is presenting for sale the Subject Property (“Property”) referenced above, by the Property’s owner (the “Owner”). Our agreement with the Owner requires that we obtain a Non-Disclosure before disclosing the name and location of his/her location of his/her business. The undersigned (“Recipients”) hereby acknowledge and agree that certain confidential information that has been or may be disclosed is intended solely for Recipients’ limited use in considering whether to pursue negotiations to acquire the Property.
Neither the Owner of the Property nor Broker or any of their respective officers, employees or agents, make any representation or warranty, expressed or implied, as to the accuracy or completeness of this confidential information and no legal liability is assumed or shall be implied with respect thereto. Information provided has been or will be gathered from sources that are deemed reliable; however, neither Owner nor Broker warrants or represents that the information is true or correct. Recipients are advised to verify information independently. Owner and/or Broker reserve(s) the right to change the Property’s purchase price, or any Property or market information provided, or to withdraw the Property from the market at any time without notice.
Recipients agree that the information provided by Broker is confidential and as such, agrees to hold and treat such information in the strictest of confidence. In addition, Recipients agree not to disclose, directly or indirectly, or permit anyone else to disclose this information to any person, firm or entity without prior written authorization of Owner or Broker and not use, or permit to be used this information in any fashion or manner detrimental to the interests of Owner or Broker. Photocopying or other duplication of such confidential information is strictly prohibited. Recipients agree not to contact the Property’s tenant(s), leasing brokers, or property management staff in connection with Recipients’ review of the Property or confidential information. IN ADDITION, THE CONFIDENTIAL INFORMATION SHALL NOT BE DEEMED AS REPRESENTATIVE OF THE STATE OF AFFAIRS OF THE PROPERTY OR CONSTITUTE AN INDICATION THAT THERE HAS BEEN NO CHANGE IN THE BUSINESS OR AFFAIRS OF THE PROPERTY SINCE THE DATE OR PREPARATION OF THE OFFERING MEMORANDUM.
While Owner and/or Broker may discuss the purchase and sale of the Property with Recipients, either Owner or Broker, in our sole and absolute discretion, may terminate sale discussions at any time and for any reason. Recipients acknowledge that neither Owner nor Broker has any obligation to discuss or agree to the sale of the Property. The acquisition discussions may be lengthy and complex. Notwithstanding that the parties may reach one or more oral understandings or agreements on one or more issues, neither of the parties shall be bound by any oral agreement of any kind, and no rights, claims, obligations or liabilities of any kind, either expressed or implied, shall arise or exist in favor of or be binding upon either Owner or Broker except to the extent expressly set out in a written agreement signed by both Owner and Broker.
This letter will further confirm that Recipients understand that Broker is presenting the information on the above-referenced Property and that Recipients agree that all initial correspondence and agreements pertaining to the opportunities and subsequent purchase shall be submitted through Agent. Prospective Buyer shall not contact the Owner directly unless given written permission by Agent or act either directly, indirectly, through any third parties including affiliates, other clients or other brokers to circumvent the purpose of this Agreement.
The term of this Agreement is for one (1) year from the date below, which shall be automatically extended through any ongoing negotiations, escrow periods or closing of any purchase and sales transaction(s) for the opportunity entered into by Prospective Buyer or its affiliates during the term hereof.
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