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31275195
31275196

5988 Troy Hwy, Montgomery, AL 36116

ER
MS 19734
Randall Commercial Group, LLC
Randall Commercial Group, LLC
Listed by Randall Commercial Group, LLC
$2,846,439
71 days on market
Updated 22 days ago

Dollar General | Montgomery, AL

Details
Property Type Retail
Sub Type Freestanding
Square Footage 10,566
Net Rentable (SqFt) 10,566
Units 1
Cap Rate 6.15%
NOI $175,056
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar General
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 03/31/2041
Remaining Term 14.8
Rent Bumps Yes
Lease Options 5
Pro-Forma Cap Rate 6.15%
Pro-Forma NOI $175,056
Price per SqFt $269
Year Built 2026
Buildings 1
Stories 1
Acreage 3.480
Parking Spaces 35 spaces
Parking Per SqFt 3.31
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 04/01/2026
Ground Lease No

Retail | 6.15% CAP | 10,566 SqFt

Marketing description

Randall Commercial Group, LLC is pleased to exclusively offer for sale this brand new, free-standing Dollar General located in Montgomery, AL. The subject property has a 15-year, NNN lease with 5% increases every 5 years during the preliminary term and each option, and a rent commencement date of April 1, 2026. This Dollar General is ideally located along Troy Highway, the primary connector between Montgomery and Troy/Florida panhandle, ensuring a constant flow of daily "home-bound" traffic. Montgomery and Montgomery County benefit from the long-term regional growth sparked by the nearby $94 million Montgomery Inland Port project, which is currently transforming the area into a major Southeast logistics hub. Dollar General is an investment-grade tenant with a Standard & Poor’s “BBB” credit rating.

The Subject Property is ideally located on the southeast side of Montgomery, along a major thoroughfare (Highway 231) that connects the city to the Troy area. The site is a high-traffic corridor for commuters entering Montgomery from the south. The store is located just minutes from the Central Alabama Montgomery VA Clinic and the Park Crossing residential growth area. As of early 2026, Montgomery’s economy is defined by a massive shift from a government-dependent state capital to a top-tier Southeast logistics and advanced manufacturing hub. The most significant driver of Montgomery's current economic narrative is the Montgomery Intermodal Container Transfer Facility (ICTF), a $100 million inland port facility (nearing completion for a 2027 opening) that connects Montgomery directly to the Port of Mobile via rail. Since its announcement, over $4 billion in private investment has been pledged within a 5-mile radius of the terminal. This project is turning the "River Region" into a critical node in the global supply chain. Montgomery remains a powerhouse in the automotive sector, anchored by Hyundai Motor Manufacturing Alabama (HMMA).

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 ideally located along Troy Highway, the primary connector between Montgomery and Troy/Florida panhandle, ensuring a constant flow of daily "home-bound" traffic
  • Montgomery and Montgomery County benefit from the long-term regional growth sparked by the nearby $94 million Montgomery Inland Port project, which is currently transforming the area into a major Southeast logistics hub
  • Montgomery County recently ranked #3 statewide for total capital investment ($1.2 billion) in 2025, driven by massive expansions in the automotive and technology sectors
  • Meta has announced an $800 million expansion of its Montgomery Data Center campus with two new buildings, bringing the total campus footprint to nearly 1.3 million square feet.
  • In addition, multiple automotive supplier expansions supporting Hyundai Motor Manufacturing Alabama and the region’s global manufacturing footprint.

Sources: Google Gemini, Meta, https://www.montgomeryal.gov/, https://www.montgomerychamber.com/

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
$175,056.00
$14,588.00/mo

Valuation Metrics

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DSCR
6.15%
Cap Rate
6.15%
ROI

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