www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
21170172
21170173

299 Old Fort Rd W, Fort Deposit, AL 36032

RB
MI 6501323470
Fortis Net Lease
DP
MI MI 6502361821
Fortis Net Lease
BB
OH BRK.200900214, WV B200300608 (+21)
Bang Realty
Listed by Fortis Net Lease, Bang Realty
$1,494,000
511 days on market
Updated 104 days ago

Family Dollar | Dollar Tree - Fort Deposit, AL

Details
Property Type Retail
Sub Type Grocery Store
Square Footage 10,500
Cap Rate 8.75%
NOI $130,725
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar Tree, Family Dollar
Lease Type NN
Lease Term 10
Lease Expiration 05/29/2034
Remaining Term 10
Rent Bumps Yes
Lease Options Three, 5-Year Renewal Options
Price per SqFt $142
Year Built 2024
Acreage 1.000
Zoning Commercial
Parking Spaces 34 spaces
Parking Per SqFt 3.24
Tenant Credit Corporate Guarantee
Lease Commencement 05/28/2024
Occupancy Date 05/28/2024
Ownership Fee Simple

Retail | 8.75% CAP | 10,500 SqFt

Marketing description

Fortis Net Lease is pleased to present this 10,500 SF Family Dollar/Dollar Tree hybrid store located in Fort Deposit, AL. The property is encumbered with a ten year double net lease, leaving minimal landlord responsibilities. The lease is corporately guaranteed by Dollar Tree Corporation which holds a credit rating of “BBB” which is classified as investment grade.

This Store is highly visible as it is strategically positioned along Old Fort Road in the city of Fort Deposit. The ten mile population is 4,869 with the ten mile average household income at $59,763. These are above-average demographics for a Dollar Store. This investment will offer a new owner success due to the financial strength and the proven profitability of the tenant, one of the nation’s top dollar stores.

Fort Deposit is a small town situated in Lowndes County, Alabama, USA. With a population of around 1,200 residents, it is known for its historical significance and Southern charm. The town's name originates from a fort built during the early 19th century, serving as protection during conflicts with Native American tribes. Today, Fort Deposit provides a glimpse into the past with its well-preserved architecture and historical sites, offering visitors a chance to explore the roots of the region.

While Fort Deposit is relatively small, it plays a role in the local economy, with agriculture, small businesses, and services contributing to its economic landscape. The town's peaceful atmosphere and connection to its history make it a unique destination for those interested in exploring the historical fabric of Alabama and experiencing the simplicity and warmth of a Southern community.

Investment highlights

  • New Construction | Opened Q2 2024
  • 10 Year NN Lease
  • Investment Credit Tenant | S&P Rating: BBB
  • Rare Dollar Tree Lease Guarantee (Not Family Dollar)
  • Ten Mile Average Household Income $59,763
  • Ten Mile Population is 4,869
  • Extremely Rare DOLLAR TREE CORP Guarantee

Listing Contacts

RB
MI 6501323470
Fortis Net Lease
DP
MI MI 6502361821
Fortis Net Lease
BB
OH BRK.200900214, WV B200300608 (+21)
Bang Realty
Listed by Fortis Net Lease, Bang Realty

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$130,725.00
$10,893.75/mo

Valuation Metrics

0
DSCR
8.75%
Cap Rate
8.75%
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Similar Properties

View All
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591