DG Market | Alpine, AL
DG Market | 7.00% CAP | 10,640 SF
Marketing description
Randall Commercial Group, LLC is pleased to exclusively offer for sale this brand new, free-standing DG Market located in Alpine, AL. The subject property has a 15-year NNN lease with 5% increases every 5 years and a rent commencement date of October 4, 2024. The property is located on Alpine Winterboro Rd at its intersection with AL Hwy 21. Dollar General is an investment-grade tenant with a Standard & Poor’s “BBB” credit rating.
The subject property is located on Alpine Winterboro Road, between Talladega, AL and Sylacauga, AL. The property is conveniently situated just north of Winterboro High School and approximately 9.5 miles south of the city of Talladega, AL, on the AL Hwy 21 corridor. Talladega County is home to Honda Manufacturing of Alabama, the largest automaker in the state, as well as the Talladega Superspeedway, the longest NASCAR track in the country that attracts thousands of attendees per year and brings an economic impact of ±$150MM as a result of the two races held there each year.
Investment highlights
NNN Single Tenant Investment Opportunity
15-Year Lease with Five (5), Five (5) Year Options
5% Increases Every 5 Years During the Initial Term and Each Option
Corporate Guarantee by Dollar General Corporation
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