NNN Dollar General | 9 Years Left | Corporate Guaranteed
Investment Grade Tenant | 10% Rent Bumps | Zero Landlord Responsibilities
Marketing description
AMC Real Estate Investment Services is pleased to present this Dollar General located in Gainesville, Alabama, offered as part of a 7-property Alabama portfolio. The property operates under an absolute NNN lease with zero landlord responsibilities and is corporately guaranteed by Dollar General, an investment grade tenant (S&P: BBB). The lease features five, five-year renewal options each with 10% rental increases, providing built in income growth and inflation hedge. Gainesville is located in Sumter County in western Alabama, approximately 85 miles from the city of Birmingham. The store sits in the center of town directly across from the municipal complex with limited retail competition nearby for everyday needs, positioning it as the primary destination for the surrounding community. This property is being offered exclusively as part of the 7-property Alabama Dollar General portfolio and will not be sold individually.
Investment highlights
- Absolute NNN Lease with zero landlord responsibilities
- Corporately Guaranteed Lease by Dollar General (S&P: BBB)
- Limited retail competition nearby for everyday needs
- Subject property is 85 miles from city of Birmingham
- Five, Five-Year Renewal Options with 10% Rental Increases
- To Be Sold Only as Part of the 7-Property Alabama Portfolio
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Similar Properties
Additional Information
Is there information that looks off?
