Badcock Furniture

Badcock

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Aerial Surronding Retail
BADCOCK FURNITURE
2000 Clowdus Dr, Oneonta, AL 35121Blount County, AL

PRICE $995,000
GLA 17,744 SF
PROPERTY TYPE Single Tenant Retail
CAP RATE 8.7%
LEASE TYPE NN
LEASE EXPIRATION Jan. 2025
YEAR BUILT 1980/2005
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OFFERING MEMORANDUM
FLYER

BRANDON HAKIMI
brandon@namdarllc.com
(516) 773-0080
DEMOGRAPHICS
Total Population
3 – mi. – 8,202
5 – mi. – 10,049
More info in the flyer

INVESTMENT HIGHLIGHTS

  • NN Lease – Minimal Landlord Responsibilities
  • 5-year lease – commenced January 2015
  • 2 options of 5 years each with increases
  • W.S. Badcock Corporation is one of the largest home furniture retailers in the United States
  • W.S. Badcock Corporation corporate lease – exceptional credit
  • 340 Locations in 8 States: Florida, Alabama, Mississippi, Tennessee, North Carolina, South Carolina, Georgia, and Virginia
  • Landlord is responsible for roof, strucucture, and pest control ($275 annually)
  • Tenant is responsible for Taxes, Insurance, and Common Area Maintenance.

City:Blount County
State:AL
Square Feet:17,744 SF
Price:$995,000
Cap Rate:8.7%

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