For Sale
$1,984,286

4005 Stillman Blvd Tuscaloosa, AL 35401

High-yield retail investment; strong tenant.

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional investment opportunity presents a brand-new, 10,000-square-foot Dollar Tree storefront in Tuscaloosa, Alabama. Completed in 2024, the property boasts a 10-year NNN lease guaranteed by Dollar Tree Stores, Inc., a company with an S&P BBB credit rating, ensuring consistent rental income. The current rent of $13.89 per square foot is significantly below market value (50% below), offering substantial long-term upside potential upon lease renewal in 2034. The property enjoys excellent visibility and accessibility, with direct frontage on Stillman Blvd, experiencing 13,733 vehicles per day. Dual access points from Highway 43 S and Clinton Drive further enhance convenience. Strategically located in Tuscaloosa's second-densest neighborhood (4,388 people per square mile), it's less than 2.5 miles from the University of Alabama campus and benefits from a rapidly growing population—16.5 times the national average in 2022. Proximity to a large 700-acre industrial park employing approximately 2,500 people (Michelin, Hunt Refinery, Gaylord Chemical, etc.) and its adjacency to Stillman College (800 students and faculty) provide a robust customer base. This property offers a compelling combination of strong tenant occupancy, below-market rent, and a prime location in a thriving market, making it an ideal addition to any investment portfolio. The asking price is $1,984,286, translating to $198.43 per square foot.

Highlights

  • $1,984,286 asking price for a 10,000 SF Dollar Tree storefront.
  • New 2024 construction with a 10-year NNN lease guaranteed by Dollar Tree (S&P BBB credit).
  • Rent is significantly below market, offering long-term upside potential.
  • High visibility location with 13,733 vehicles per day passing by.
  • Dual access from Highway 43 S and Clinton Dr.
  • Located in a densely populated area near the University of Alabama and a large industrial park.

Property Details for 4005 Stillman Blvd

Property type
Retail properties, Retail space
Square Feet
10,000 SF

Location Insight

City
Tuscaloosa
County
Tuscaloosa
State
Alabama
Latitude
33.200733700811
Longitude
-87.592543177654

FAQs

What type of property is this?
Retail property - High-yield retail investment; strong tenant.
Where is the retail property located?
The property is located at 4005 Stillman Blvd Tuscaloosa, AL.
What is the asking price?
The asking price for this property is $1,984,286.
What are key features of this property?
This property features: $1,984,286 asking price for a 10,000 SF Dollar Tree storefront.; New 2024 construction with a 10-year NNN lease guaranteed by Dollar Tree (S&P BBB credit).; Rent is significantly below market, offering long-term upside potential.
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.
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4005 Stillman Blvd
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