Dollar General

803 College Ave, Jackson, AL

Property Information

Price Summary

$ 429,885

Cap Rate

8.5 %

NOI

$ 36,540

Total Lot Size

0.53 Acres

Building Size

7,500 SF

Chance Hales

Partner

T: (806) 679-9776

Property Highlights

  • Low Price Point Dollar General in Jackson AL With Less Than 1 Year Remaining on Current Term
  • 28+ Years of Operating History With Multiple Lease Extensions Demonstrating Tenant Commitment to the Location
  • 10% Rent Increases in Option Periods
  • Corner Lot at the Intersection of College Ave and W Cedar St With 7,000+ Vehicles Passing in Front of Subject Property Daily
  • Healthy 5-Mile Demographics for a Dollar Store With 6,000+ Residents
  • Strong Corporate Guaranty by Dollar General Corporation, With an S&P Credit Rating of BBB and Operates 20,000+ Locations

Point of Contact

Chance Hales

Partner

T: (806) 679-9776

TX# 597585

Eric Kelley

Director

T: (281) 610-5011

TX #9007104

Cody Crist

Partner/Director

T: (817) 584-2000

TX #697980

Branson Blackburn

Managing Partner

T: (682) 233-5223

TX# 611825

In cooperation with Brian Brockman at Bang Realty-Alabama Inc | AL #119315 | bor@bangrealty.com | (513) 898-1551

INTERESTED IN THIS PROPERTY?

Real Estate Brokerage
Built On Real Relationships


Our results speak for themselves. Our clients speak for us. We’d prefer to talk about you.