For Sale
$399,000

1216 Beltline RdDecatur, AL 35601

High-traffic, 100% occupied grocery store.

Overview

Added:
Dec 11, 2024
Days on market:
115
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
1216 Beltline Rd, Decatur, Alabama

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1216 Beltline Rd
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