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28852191
28852192

2786 Williams Rd, Wetumpka, AL 36092

ER
MS 19734
Randall Commercial Group, LLC
Randall Commercial Group, LLC
Listed by Randall Commercial Group, LLC
$2,367,000
386 days on market
Updated 5 days ago

Dollar General | Wetumpka, AL

Details
Property Type Retail
Sub Type Convenience Store
Square Footage 10,566
Net Rentable (SqFt) 10,566
Units 1
Cap Rate 6.4%
NOI $151,488
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar General
Lease Type Absolute NNN
Lease Term 15.1
Lease Expiration 08/31/2040
Remaining Term 14.3
Rent Bumps Yes
Lease Options 5
Price per SqFt $224
Year Built 2025
Buildings 1
Stories 1
Acreage 2.600
Parking Spaces 35 spaces
Parking Per SqFt 3.31
Investment Type Net Lease
Lease Commencement 08/15/2025

Retail | 6.40% CAP | 10,566 SqFt

Marketing description

Randall Commercial Group, LLC is pleased to exclusively offer for sale this brand new, freestanding Dollar General located in Wetumpka, AL. The subject property has a 15-year NNN lease with 5% increases every 5 years and a lease commencement date of August 15, 2025. The property is located on Williams Road, 20 miles northeast of Montgomery, AL. Dollar General is an investment-grade tenant with a Standard & Poor’s “BBB” credit rating.

Located in Wetumpka, AL, approximately 20 miles northeast from Montgomery, AL. The subject property is located on Williams Road near several local churches and businesses in addition to residential housing. Wetumpka has experienced steady population growth in recent years, with growth exceeding 10% between 2022 and 2023 (source: datausa.io).

Investment highlights

  • NNN Single Tenant Investment Opportunity

  • Lease commencement date of August 15, 2025

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

  • 5% Increases Every Five (5) Years of the Initial Term and Per Each Five (5) Year Option

  • Corporate Guarantee by Dollar General Corporation - Investment grade tenant with a Standard & Poor's "BBB" credit rating

  • Located in Wetumpka, AL, approximately 20 miles northeast from Montgomery, AL

  • Wetumpka has experienced steady population growth in recent years, with growth exceeding 10% between 2012 and 2022 (source: datausa.io)

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
$151,488.00
$12,624.00/mo

Valuation Metrics

0
DSCR
6.4%
Cap Rate
6.4%
ROI

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