Listed by Trinity Real Estate Investment Services
$1,309,005
Dollar General
Details
Property Type Retail
Sub Type Convenience Store, Grocery Store
Square Footage 9,026
Cap Rate 7.25%
NOI $94,903
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar General, Dollar Tree
Lease Type Absolute NNN
Lease Term 20
Lease Expiration 07/31/2031
Remaining Term 5.2
Rent Bumps Yes
Lease Options Five (5), 5-Year; 10%
Price per SqFt $145
Year Built 2011
Acreage 1.440
Investment Type Net Lease
Tenant Credit Credit Rated, Corporate Guarantee
Lease Commencement 07/24/2011
Ownership Fee Simple
Retail | 7.25% CAP | 9,026 SqFt
Marketing description
Trinity Real Estate Investment Services is pleased to present the opportunity to acquire a Dollar General in Dothan, AL. This property delivers top‑tier site performance backed by a powerful 96% national brand ranking, an absolute NNN lease with zero landlord responsibilities, and more than three years remaining on the current term.
Property Website: https://trinityreis.com/listing/41-n-bay-springs-r/
In cooperation with Brian Brockman at Bang Realty-Alabama Inc | AL #119315 | [email protected] | (513) 898-1551
Investment highlights
- Dollar General in Dothan, AL With 3+ Years Remaining on Current Term
- Top‑Tier Site Performance, Backed by a Powerful 96% National Brand Ranking
- Absolute NNN Lease With Zero Landlord Responsibilities
- 10% Rent Increases in the Option Periods
- Hard Corner lot Along US Hwy 84 With Traffic Counts of Nearly 24,000 Vehicles Passing Daily
- Limited Retail Competition - Primary Source of Retail Goods Within 2-Mile Radius
- Affluent Community With $122K+ Average Household Income Within 3 Miles
- Healthy 5-Mile Demographics for a Dollar Store With 24,000+ Residents and Positive Growth Rate
- 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
$94,903.00
$7,908.58/mo
Valuation Metrics
0
DSCR
7.25%
Cap Rate
7.25%
ROI
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