DOLLAR GENERAL I 14,350 VPD I BY HUNTSVILLE ALABAMA
Corner Store | 10 Miles from Guntersville Lake | Close to Multiple National Tenants | 6.75% CAP
Marketing description
The ESS Group is pleased to exclusively market for sale a single tenant net leased NNN Dollar General investment in Arab, Alabama. 15 years lease with rent commencement in November 2024. Dollar General PLUS featuring Dollar General’s larger store size. 5% rental increases every 5 years, including in years 6 and 11 of the base term.
Investment highlights
Brand New 2024 Construction
14 Years Remaining on the Lease
Absolute NNN
Strong Corporate Guarantee
5% Rental Increases Every 5 Years Starting in Year 6
10,640 Dollar General PLUS - Larger Dollar General Store Size to Account for Large Projected Sales
Corner Location
Strategically Situated on the Corner of Mt Oak Dr NE & Guntersville Rd, with a Combined Traffic Count of 14,350 VPD
Located on Guntersville Road. the Main Road Leading into Lake Guntersville, Alabama’s Largest Lake
30 Miles South of Huntsville, which was Recognized in 2023 as the Best Place to Raise a Family in the US
2 Minutes Drive from Dozens of National Retailers, Including Walmart, Tractor Supply, CVS, Planet Fitness and Many Others
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