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33892455
33892456

7730 AL-21, Sylacauga, AL 35151

ER
MS 19734
Randall Commercial Group, LLC
Randall Commercial Group, LLC
Listed by Randall Commercial Group, LLC
$2,118,627
479 days on market
Updated 4 days ago

Dollar General | Sylacauga, AL

Details
Property Type Retail
Sub Type Convenience Store
Square Footage 10,542
Net Rentable (SqFt) 10,542
Units 1
Cap Rate 6.7%
NOI $141,948
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar General
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 05/31/2040
Remaining Term 13.9
Rent Bumps Yes
Lease Options 5
Price per SqFt $201
Year Built 2025
Buildings 1
Stories 1
Acreage 2.000
Parking Spaces 34 spaces
Parking Per SqFt 3.23
Investment Type Net Lease
Lease Commencement 05/19/2025
Ground Lease No

Retail | 6.70% CAP | 10,542 SqFt

Marketing description

Randall Commercial Group, LLC is pleased to exclusively offer this brand new, free-standing Dollar General located in Sylacauga, 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 19, 2025. This Dollar General is ideally located approximately 4 miles south of downtown Sylacauga, along a primary arterial stretch of Alabama Highway 21. The store serves as the primary daily needs stop for the southern outskirts of Sylacauga and neighboring communities like Sycamore and Fayetteville. Sylacauga is the major manufacturing and industrial powerhouse within the Talladega-Sylacauga MSA, and previously recognized as one of the "100 Best Communities for Young People" by America's Promise Alliance. Dollar General is an investment-grade tenant with a Standard & Poor’s “BBB” credit rating.

The Subject Property is ideally located roughly 4 miles south of downtown Sylacauga, along a primary arterial stretch of Alabama Highway 21. This corridor functions as the main thoroughfare connecting Sylacauga to Wetumpka and the state capital of Montgomery. The Sylacauga Dollar General’s location serves as a highly convenient "first and last stop" for commuters and residents. It serves as the primary daily-needs store for the southern outskirts of Sylacauga and neighboring communities like Sycamore and Fayetteville. Sylacauga sits strategically between four of Alabama's primary economic hubs. It is located just 40 miles southeast of Birmingham, 56 miles north of Montgomery, 41 miles south of Anniston, and 59 miles northwest of Auburn. Sylacauga is known globally as "The Marble City" and stands as a major manufacturing and industrial powerhouse within the Talladega-Sylacauga MSA. The local economy is uniquely reinforced by global mineral and mining giants like Imerys and Omya.

Sources: Google Gemini, City of Sylacauga, Sylacauga Chamber, Wikipedia

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
  • Strategically positioned right on Alabama Highway 21, capturing heavy regional and commuter traffic just 4 miles south of downtown Sylacauga
  • Sylacauga is located within the stable Sylacauga-Talladega MSA, an area heavily reinforced by a strong healthcare sector, manufacturing, growing tourism, and the famous local marble industry
  • Sylacauga is known globally as "The Marble City"
  • The local economy is uniquely reinforced by global mineral and mining giants like Imerys and Omya
  • Sylacauga is home to a massive, historic Blue Bell Creamery's production facility
  • The city has a strong industrial sector with major facilities including Nemak, Parker Hannifin, TreeHouse Foods, and Heritage Plastics
  • Sylacauga was previously recognized as one of the "100 Best Communities for Young People" by America's Promise Alliance
  • Sources: Google Gemini, Sylacauga Chamber, City of Sylacauga, Lensa

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
$141,948.00
$11,829.00/mo

Valuation Metrics

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DSCR
6.7%
Cap Rate
6.7%
ROI

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