Property Overview
Price/Rent PSF $ 265,000.00
Asset Type Retail
Trade Type Sale
SQ. FT. Available 1,596
Date Available 09/04/2019
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Floors 1
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Description

Location
This convenience store is located on the main thoroughfare of West Moulton Street in Decatur. There is easy access from either West Moulton or 11th Avenue. One end has extra storage where the auto service pit used to be.

Decatur has a population of over 55,000 and a median income of just over $45,000. The city, nicknamed "The River City", is located in Northern Alabama on the banks of Wheeler Lake, along the Tennessee River. It is also the county seat and largest city in Morgan County. Morgan County boasts a diverse economic base, from nearly 20 Fortune 500 companies to innovative entrepreneurs and small business owners. Also Decatur is a commerce hub and primary artery for railroads with both CSX Transportation Systems and Norfolk-Southern maintaining rails through the area.

Sale
This store is leased to a long term tenant who has been there ten years. They are currently on a 5 year extension. Great community business from surrounding neighborhoods.

Location