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21381031
33887703

989 Co Rd 63, Marbury, AL 36051

ER
MS 19734
Randall Commercial Group, LLC
Randall Commercial Group, LLC
Listed by Randall Commercial Group, LLC
$2,390,190
518 days on market
Updated 4 days ago

Dollar General | Marbury, AL

Details
Property Type Retail
Sub Type Convenience Store
Square Footage 10,640
Net Rentable (SqFt) 10,640
Units 1
Cap Rate 6.85%
NOI $163,728
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar General
Lease Type Absolute NNN
Lease Term 15.1
Lease Expiration 05/31/2040
Remaining Term 13.9
Rent Bumps Yes
Lease Options 5
Price per SqFt $225
Year Built 2025
Buildings 1
Stories 1
Acreage 1.940
Parking Spaces 35 spaces
Parking Per SqFt 3.29
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 05/14/2025

Retail | 6.85% CAP | 10,640 SqFt

Marketing description

Randall Commercial Group, LLC is please to exclusively offer for sale this brand new, free-standing Dollar General located in Marbury, AL. The subject property has a 15-year, NNN lease with a rent commencement date of May 14, 2025. The property is located at 989 County Road 63 in Marbury, AL, just 28-miles north of Alabama's capital city, Montgomery. In 2022, Montgomery announced a new multi-million dollar inland port facility which is an economic boon for the Montgomery MSA, including Marbury. In March 2024, the director of the Alabama Port Authority said since the development was announced there have been over $2.2 billion dollars of investments made around the facility. Dollar General is an investment-grade tenant with Standard and Poor's "BBB" credit rating.

The Subject Property is ideally located along County Road 63 in Marbury, AL. This Dollar General serves as the primary, convenient shopping destination for the surrounding residential area. Marbury is positioned along the Autauga and Chilton County lines in central Alabama, and serves as a secure, family-centric commuter community. It is located just 28 miles north of Montgomery (Alabama’s state capital) and functions as a peaceful bedroom community for capital-city commuters. Marbury benefits from the Montgomery MSA's booming economy, fueled by the nearby multi-million-dollar inland port facility that has driven over $2.2 billion in regional investments.

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
  • The Marbury Dollar General acts as an essential daily hub for the immediate population
  • Strategically located in Marbury (Chilton County), a growing community situated just 28 miles north of Alabama's capital city, Montgomery
  • The newly built, technologically advanced Marbury High School is located just down the road
  • The property is strategically positioned to benefit from the broader region's economic boom
  • Marbury benefits from Montgomery's multi-million-dollar inland port facility, which has catalyzed over $2.2 billion in recent regional industrial and logistics investments.
  • Sources: Google Gemini

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
$163,728.00
$13,644.00/mo

Valuation Metrics

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DSCR
6.85%
Cap Rate
6.85%
ROI

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