Dollar General | Tallassee, AL
Retail | 6.45% CAP | 9,002 SqFt
Marketing description
Randall Commercial Group, LLC is pleased to exclusively offer this brand new, free-standing Dollar General located in Tallassee, AL The subject property has a 15-year, NNN lease with 5% increase every 5 years during the preliminary term and each option, and a rent commencement date of March 12, 2026. This Dollar General is ideally located at the corner of Upper River Road and Red Hill Rd. Tallassee is strategically located between Montgomery and Auburn, benefiting from the regional economic stability of the state capital and Auburn University. Tallassee, AL is part of Elmore County, one of the fastest growing and most economically stable counties in Alabama. Dollar General is an investment-grade tenant with a Standard & Poor’s “BBB” credit rating.
The Subject Property is ideally located at the corner of Upper River Road and Red Hill Rd. The site benefits from a captive audience in the southern Tallassee/Red Hill area, acting as the de facto neighborhood general store. Tallassee, AL is strategically located between Montgomery and Auburn, benefiting from the regional economic stability of the state capital and Auburn University. Tallassee serves as a unique "triple-county" hub (Elmore, Tallapoosa, and Macon counties), capturing trade from a wider geographical area than its population suggests. The city maintains three active industrial parks and the International Business Center, a 43,000-square-foot facility designed to support expanding manufacturing and entrepreneurial ventures. Tallassee also serves as a primary gateway for travelers and residents of Lake Martin, one of the state's largest and most affluent recreational areas, driving seasonal surges in retail traffic.
(Source: Google Gemini)
Investment highlights
- 15-Year NNN Lease with Five (5), Five (5) Year Options
- 5% Increases Every 5 Years During Primary Term & Renewal Options
- Corporate Guarantee by Dollar General Corporation
- Store is located on a primary north-south artery connecting the Lake Martin area to the I-85 corridor
- Store serves as a primary shopping destination for local residents who would otherwise have to drive several miles into central Tallassee for basic essentials
- Tallassee is strategically located between Montgomery and Auburn
- The Tallassee Redevelopment Authority is actively focused on revitalizing the central business district and attracting new retail, ensuring long-term property value and community viability
- Elmore County is one of Alabama’s top-performing counties for growth and has grown nearly 16% since 2010
- Bisected by I-85 and Hwy 231, Elmore County serves as a critical logistics and commuter vein between the Montgomery metro area and the Auburn/Opelika growth engine.
Sources: Google Gemini
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