For Sale
$399,000

1216 Beltline Rd Decatur, AL 35601

High-traffic, 100% occupied grocery store.

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional investment opportunity presents a 1,764 square foot grocery store and storefront located at 1216 Beltline Rd SW, Decatur, AL 35601. The property sits on a 0.5-acre lot in Morgan County, offering ample parking and convenient front and rear access. Built in 1994, this single-story building boasts a prime location on the Beltline, directly across from Home Depot and Academy Sports, ensuring high visibility and significant daily traffic averaging 37,514 vehicles. The property is zoned M-1A and features a single unit with 100% occupancy. The asking price is $399,000, representing a price per square foot of $226.19 and a 7.00% cap rate. This sale includes a leaseback agreement, providing a consistent income stream for the buyer. The property's APN is 02-07-36-4-002-010.003. This is a turnkey investment ready for immediate returns. High daily traffic counts and a strong location make this a compelling opportunity for investors seeking a stable and profitable commercial property.

Highlights

  • $399,000 asking price for this Decatur, AL retail property.
  • 1,764 square foot grocery store/ storefront on a 0.5-acre lot.
  • 7% cap rate with 100% occupancy.
  • Located at 1216 Beltline Rd SW, Decatur, AL 35601, across from Home Depot and Academy Sports.
  • High visibility location with average daily traffic count of 37,514 vehicles.
  • Single-tenant, sale for leaseback opportunity.

Property Details for 1216 Beltline Rd

Property type
Retail properties, Retail space
Square Feet
1,764 SF
Year Built
1994
Buildings
1
Stories
1
Lot Size (sq. ft)
21,780 SF
Units
1

Location Insight

City
Decatur
County
Morgan
State
Alabama
Latitude
34.561933222736
Longitude
-87.006720649853

FAQs

What type of property is this?
Retail property - High-traffic, 100% occupied grocery store.
Where is the retail property located?
The property is located at 1216 Beltline Rd Decatur, AL.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: $399,000 asking price for this Decatur, AL retail property.; 1,764 square foot grocery store/ storefront on a 0.5-acre lot.; 7% cap rate with 100% occupancy.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
1216 Beltline Rd
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message