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15273744
33867460

5370 Hazelwood Rd, Adamsville, AL 35005 For Sale

ER
MS 19734
Randall Commercial Group, LLC
Randall Commercial Group, LLC
Listed by Randall Commercial Group, LLC
$1,975,182
878 days on market
Updated 26 days ago

DG Market | Adamsville, AL

Details
Property Type Retail
Sub Type Convenience Store, Shopping Center (+1)
Square Footage 10,640
Cap Rate 6.85%
NOI $135,300
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar General
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 05/31/2039
Remaining Term 12.9
Rent Bumps Yes
Lease Options Five (5), Five (5) Year Options
Price per SqFt $186
Class A
Year Built 2024
Buildings 1
Stories 1
Acreage 1.430
Investment Type Net Lease
Tenant Credit Credit Rated, Corporate Guarantee
Lease Commencement 05/31/2024

DG Market | Birmingham MSA | 6.60% CAP

Marketing description

Randall Commercial Group, LLC is pleased to exclusively offer this brand new, free-standing DG Market located in Adamsville, AL. The subject property has a 15-year, NNN lease with 5% increase every 5 years during the preliminary term and each option, and a rent commencement date of May 31, 2024. This DG Market is ideally located along Hazelwood Road.The property benefits from daily traffic driven by its close proximity to the area’s primary public schools, Adamsville Elementary School, Minor Middle School, and Minor High School, all located within an approximate 1.5-mile radius of the site. Adamsville is positioned in western Jefferson County and functions as a vital bedroom community within the stable Birmingham-Hoover MSA. Dollar General is an investment-grade tenant with a Standard & Poor’s “BBB” credit rating.

The Subject Property is ideally located along Hazelwood Road within the community of Longview Estates in Adamsville, Alabama. The Adamsville DG Market’s location is characterized by established single-family subdivisions and deeply rooted residential pockets. The immediate micro-market offers an exceptionally secure, built-in consumer base for essential retail. The property benefits from exceptional daily traffic driven by its close proximity to the area’s primary public schools, Adamsville Elementary School, Minor Middle School, and Minor High School, all located within an approximate 1.5-mile radius of the site. Adamsville is positioned in western Jefferson County and functions as a vital bedroom community within the stable Birmingham-Hoover MSA. Adamsville sits right along US-78 and is directly connected to the Interstate 22 corridor, a vital shipping and transit route connecting Birmingham to Memphis. This places the city directly in the path of regional logistics and industrial expansion.

(Source: Google Gemini, Data USA)

Investment highlights

  • 15-Year NNN Lease with Five (5), Five (5) Year Options
  • 5% Increases Every 5 Years During Primary Term & Renewal Options
  • Corporate Guarantee by Dollar General Corporation
  • Located along Hazelwood Road within the community of Longview Estates
  • Daily traffic drivers include Adamsville Elementary School, Minor Middle School, and Minor High School, all located within an approximate 1.5-mile radius of the site
  • Store location offers built-in consumer base for essential retail
  • Adamsville is located just 11 miles northwest of downtown Birmingham and serves as a vital bedroom community within the Birmingham-Hoover MSA
  • Adamsville sits right along US-78 and is directly connected to the Interstate 22 corridor, a vital shipping and transit route connecting Birmingham to Memphis

Sources: Google Gemini, Commercial Café, Data USA

Listing Contacts

ER
MS 19734
Randall Commercial Group, LLC
Randall Commercial Group, LLC
Listed by Randall Commercial Group, LLC

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$135,300.00
$11,275.00/mo

Valuation Metrics

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DSCR
6.85%
Cap Rate
6.85%
ROI

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