3600 Culver Road

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3600 Culver Road

Tuscaloosa, AL 35401
Asking Price
$1.70M
Cap Rate
7%
Asset Type
Convenience Store Retail
Class
Class B

What's Special

Retail | 7.0% CAP | 9,026 SqFt <ul><li>​Absolute NNN Lease Dollar General in Tuscaloosa, AL </li><li>​Proven Location - Dollar General Exercised 1st Option Paying Full 10% Increase in Rent </li><li>​Across the Street From a Residential and Mixed Use Development - Current Under Construction </li><li>​Growing College Town Market - Tuscaloosa is Home to University of Alabama (40,000+ Enrollment) </li><li>​Located at Intersection With Almost 17,000 VPD </li><li>​85,000 Residents Within 5 Miles (Not Including 40,000+ Students) </l

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NOI
$80,000
Cap Rate
4.72%
DSCR
0.79
Underwater
Cash-on-Cash
-4.07%
Monthly Payment
$8,393.802
Annual Cash Flow
$-20,725.62

Location & Travel Times