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30026367
30026368

12215 AL-25, Calera, AL 35040

ER
MS 19734
Randall Commercial Group, LLC
Randall Commercial Group, LLC
Listed by Randall Commercial Group, LLC
$2,204,725
96 days on market
Updated 4 days ago

Dollar General | Calera, AL (Hwy 25)

Details
Property Type Retail
Sub Type Convenience Store
Square Footage 10,640
Net Rentable (SqFt) 10,640
Units 1
Cap Rate 6.35%
NOI $140,000
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar General
Lease Type Absolute NNN
Lease Term 15
Remaining Term 15
Rent Bumps Yes
Lease Options 5
Price per SqFt $207
Year Built 2026
Buildings 1
Stories 1
Acreage 2.110
Parking Spaces 48 spaces
Parking Per SqFt 4.51
Investment Type Net Lease

Retail | 6.35% CAP | 10,640 SqFt

Marketing description

Randall Commercial Group, LLC is pleased to exclusively offer for sale this brand new, free-standing Dollar General located in Calera, AL. The subject property has a 15-year NNN lease with 5% increases every 5 years during the preliminary term and each option, and an estimated delivery date of March 2026. This Dollar General is ideally located at the corner of Highway 25 and Highway 310 and CR 22 just off I-65. Calera is a rapidly growing city in Shelby County, Alabama, known for its strategic location, industrial base, and a blend of small-town charm with suburban amenities. Dollar General is an investment-grade tenant with a Standard & Poor’s “BBB” credit rating.

The Subject Property is ideally located near the corner of Highway 25 and Hwy 310 in Calera, AL. The property is just east of Interstate 65, providing easy transit north toward Birmingham (approx. 35 miles) or south toward Montgomery, and is surrounded by a mix of residential and light industrial properties. Calera is a rapidly growing city in Shelby County, Alabama, known for its strategic location, industrial base, and a blend of small-town charm with suburban amenities. The name "Calera" is Spanish for "limestone quarry or lime kiln," a tribute to the city's history as a major limestone and lime-producing area. The city is positioned directly along Interstate 65, the main north-south artery connecting Birmingham (±30 miles) and Montgomery (±60 miles). This provides residents and businesses with direct access to these two major metropolitan areas, as well as the Port of Mobile further south. Calera also has a significant railway presence with two major rail lines, Norfolk Southern and CSX, and its own airport, the Shelby County Airport. Due to its access to major interstates, rail lines, and an airport, Calera is a crucial logistical hub for central Alabama. Its location is a primary reason it attracts manufacturing and distribution companies, including those involved in the automotive supply chain for plants in Alabama. (source: B’ham Business Journal, Google Gemini).

Investment highlights

  • NNN Single Tenant Investment Opportunity

  • 15-Year 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 property is located at the corner of Highway 25 and Highway 310 and CR 22 just off I-65.

  • Calera is part of the greater Birmingham metropolitan area.

  • Calera is positioned within a 60-minute radius of three major automotive OEM plants: Honda, Hyundai, and Mercedes-Benz.

  • Calera's economy is tied to its excellent transportation network i.e. Interstate 65, it is a junction for major railroads (Norfolk Southern and CSX) and has its own airport, the Shelby County Airport.

  • Calera is a designated "Main Street America" community

Source: B’ham Business Journal, 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
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Annual Debt Service
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Annual Cash Flow
$140,000.00
$11,666.67/mo

Valuation Metrics

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DSCR
6.35%
Cap Rate
6.35%
ROI

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