This property is under contract
Dollar General Market
Elberta,
AL
PROPERTY INFORMATION
PRICE SUMMARY
$ 2481630
CAP RATE
6.75 %
NOI
$ 167510
TOTAL LOT SIZE
2.49 Acres
BUILDING SIZE
12480 SF
PROPERTY HIGHLIGHTS
- 2025 Development Dollar General Market in Elberta, AL
- 15-Year Absolute NNN Lease — Rent Set to Commence June 2025
- Attractive 5% Rental Increases Every 5 Years
- 12,480 Square Foot Large Prototype Store That Can Accommodate a Larger Volume of Customers
- Limited Retail Competition — Primary Source of Retail Goods in the Area, the Only Dollar Store Within 4 Miles
- Healthy 5-Mile Demographics for a Dollar Store With 5,000+ Residents and Positive Growth Rate
- Ideally Positioned on Corner Lot at the Intersection of County Rd 32 and County Rd 87 With Combined Traffic Counts of Almost 5,000 VPD
- Strong Corporate Guaranty by Dollar General Corporation, With an S&P Credit Rating of BBB and Operates 20,000+ Locations
Dollar General Market
|
16946 County Road 87,
Elberta,
AL
36530
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POINT OF CONTACT
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In Cooperation With Brian Brockman at Bang Realty-Alabama Inc | AL #119315 | bor@bangrealty.com | (513) 898-1551
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