NNN Dollar General | 9 Years Left | Corporate Guaranteed
5,136 VPD | 10% Rent Bumps | Hard Corner at AL-79 & AL-35
Marketing description
AMC Real Estate Investment Services is pleased to present this Dollar General located in Scottsboro, Alabama, offered as part of a 7-property Alabama portfolio. The property operates under an absolute NNN lease with zero landlord responsibility 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. Scottsboro is the county seat of Jackson County in northeastern Alabama, less than one hour east of Huntsville and centrally located between Huntsville, Birmingham, Chattanooga, and Atlanta. The store occupies a hard corner location at the intersection of AL-79 and AL-35 with visibility to over 5,136 vehicles per day, situated in a small retail market with very limited nearby competition. 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 responsibility
- Visible to over 5,136 vehicles per Day
- Corporately Guaranteed lease by Dollar General (S&P: BBB)
- Small retail market with very limited nearby competition
- Hard Corner Location at the Intersection of AL-79 and AL-35
- Five, Five-Year Renewal Options with 10% Rental Increases
- To Be Sold Only as Part of the 7-Property Alabama Portfolio
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