Listed by The ESS Group, Inc.
$2,001,000
Dollar General I 2026 Development I 5% Rental Increases
Details
Property Type Retail
Sub Type Convenience Store, Grocery Store
Square Footage 9,100
Net Rentable (SqFt) 9,100
Units 1
Cap Rate 6.8%
NOI $136,068
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar General
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 04/30/2041
Remaining Term 14.8
Rent Bumps Yes
Lease Options 5 X 5
Price per SqFt $220
Year Built 2026
Buildings 1
Stories 1
Acreage 2.100
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 04/26/2026
Occupancy Date 04/26/2026
Ground Lease No
Ownership Fee Simple
Corner Store | 9,100 SF | 6.80% CAP
Marketing description
The ESS Group is pleased to exclusively market for sale a single tenant net leased NNN Dollar General investment in Cullman, Alabama. 15 years lease with rent commencement in April 2026. 5% rental increases every 5 years, including in years 6 and 11 of the base term.
Investment highlights
Brand New 2026 Construction
15 Years Remaining on the Lease
Absolute NNN
Strong Corporate Guarantee
5% Rental Increases Every 5 Years Starting in Year 6
Corner Location
Cullman, Alabama is a Stable and Well-Established Retail Market Serving as the Commercial Hub of Cullman County
Listing Contacts
Listed by The ESS Group, Inc.
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$136,068.00
$11,339.00/mo
Valuation Metrics
0
DSCR
6.8%
Cap Rate
6.8%
ROI
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