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15273744
23366697

5370 Hazelwood Rd, Adamsville, AL 35005

ER
MS 19734
Randall Commercial Group, LLC
Randall Commercial Group, LLC
Listed by Randall Commercial Group, LLC
$2,114,063
845 days on market
Updated 20 days ago

DG Market | Adamsville, AL

Details
Property Type Retail
Sub Type Convenience Store, Shopping Center (+1)
Square Footage 10,640
Cap Rate 6.4%
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 13
Rent Bumps Yes
Lease Options Five (5), Five (5) Year Options
Price per SqFt $199
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 for sale this brand new, free-standing DG Market store located in Adamsville, AL. The subject property has a 15-year NNN lease with 5% increases every 5 years during the primary term and each option, and a lease commencement date of May 31, 2024. The property is located at 5370 Hazelwood Road, Adamsville, AL in Jefferson County. Adamsville is located ± 10 minutes from high-traffic Interstate 65 and only ± 20 minutes from Birmingham, AL. Dollar General is an investment-grade tenant with a Standard & Poor’s “BBB” credit rating.

Investment highlights

NNN Single Tenant Investment Opportunity

15-Year Lease with Five (5), Five (5) Year Options

5% Rent Increases Every 5 Years During the Initial Term and Each Option

Corporate Guarantee by Dollar General Corporation

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
$0.00
Annual Debt Service
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Annual Cash Flow
$135,300.00
$11,275.00/mo

Valuation Metrics

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DSCR
6.4%
Cap Rate
6.4%
ROI

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