Listed by Trinity Real Estate Investment Services
$1,644,485
Dollar General
Details
Property Type Retail
Sub Type Convenience Store, Grocery Store
Square Footage 10,566
Cap Rate 7.25%
NOI $119,225
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar General, Dollar Tree
Lease Type Absolute NNN
Lease Term 20
Lease Expiration 08/31/2031
Remaining Term 5.2
Rent Bumps Yes
Lease Options Five (5), 5-Year; 10%
Price per SqFt $156
Year Built 2011
Acreage 1.060
Investment Type Net Lease
Tenant Credit Credit Rated, Corporate Guarantee
Lease Commencement 08/23/2011
Ownership Fee Simple
Retail | 7.25% CAP | 10,566 SqFt
Marketing description
Trinity Real Estate Investment Services is pleased to present the opportunity to acquire a Dollar General in Elberta, AL. This property offers a high‑performing location backed by a powerful 95% national brand ranking, an absolute NNN lease with zero landlord responsibilities, and more than five years remaining on the current term.
Property Website: https://trinityreis.com/listing/24816-state-st/
In cooperation with Brian Brockman at Bang Realty-Alabama Inc | AL #119315 | [email protected] | (513) 898-1551
Investment highlights
- Dollar General in Elberta, AL With 5+ Years Remaining on Current Term
- High‑Performing Location, Backed by a Powerful 95% National Brand Ranking
- Absolute NNN Lease – Zero Landlord Responsibilities
- 10% Rent Increases in the Option Periods
- 10,566 Square Foot Prototype That Accommodates a Larger Volume of Customers
- Corner Lot With Highly Visible Frontage on US Hwy 98 Capturing 12,000+ Vehicles Daily
- Healthy 5‑Mile Demographics With 18,000+ Residents and Strong 50.42% Population Growth Since 2010
- Surrounded by Steady Residential Growth, Supporting Long‑Term Demand
- Backed by Dollar General’s Corporate Guarantee, an Investment-Grade Retailer Operating Over 20,000 Locations Nationwide
Listing Contacts
Listed by Trinity Real Estate Investment Services
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$119,225.00
$9,935.42/mo
Valuation Metrics
0
DSCR
7.25%
Cap Rate
7.25%
ROI
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