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Dollar General PLUS | New Construction

23580 AL-59, Robertsdale, AL 36567

Listing Price: $2,185,000

Cap Rate
4.75%
Tenant Name
Dollar General
Years Remaining On Lease
15.4
Gross SF
10,566
Guarantor
Corporate Guarantee
Rentable SF
10,566
Price/Gross SF
$206.80
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$9.82

Investment Overview

DOLLAR GENERAL • PUBLICLY TRADED COMPANY ON NYSE • INVESTMENT GRADE CREDIT | BBB/STABLE ON STANDARD & POORS • 18,000+ LOCATIONS IN 46 STATES • $33.7 BILLION NET SALES FY 2020 • $21.6% SALES INCREASE FROM 2019 • RANKED #91 ON FORTUNE 500 LIST

Investment Highlights

  • BRAND NEW 2022 CONSTRUCTION | EXPECTED SEPTEMBER OPENING
  • RARE DG 'PLUS' PROTOTYPE | 10,566+/- SF BUILDING
  • 15-YEAR NNN LEASE | NO LANDLORD EXPENSES
  • STRONG DEMOGRAPHICS | 23,000+ 5-MILE POPULATION
  • NEARBY RETAILERS: WALMART, MCDONALD'S, WALGREENS, CVS, AUTOZONE AND MORE
  • LOCATED ON AL-59 | 24,407 VPD

Exclusively Listed By

  • Robby Pfeiffer

    Senior Managing Director Investments

    (678) 808-2770

    Email Robby

    License(s): GA: 281335, AL: 000091407-1

    Atlanta

Broker of Record

  • Eddie Greenhalgh

    Senior Vice President Investments

    (205) 510-9200

    License(s) AL: 0000882980

    Alabama

Financing By

Discount

Dollar General PLUS | New Construction

Listing Price: $2,185,000

Cap Rate
4.75%
Tenant Name
Dollar General
Years Remaining On Lease
15.4
Gross SF
10,566
Guarantor
Corporate Guarantee
Rentable SF
10,566
Price/Gross SF
$206.80
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$9.82

Investment Highlights

  • BRAND NEW 2022 CONSTRUCTION | EXPECTED SEPTEMBER OPENING
  • RARE DG 'PLUS' PROTOTYPE | 10,566+/- SF BUILDING
  • 15-YEAR NNN LEASE | NO LANDLORD EXPENSES
  • STRONG DEMOGRAPHICS | 23,000+ 5-MILE POPULATION
  • NEARBY RETAILERS: WALMART, MCDONALD'S, WALGREENS, CVS, AUTOZONE AND MORE
  • LOCATED ON AL-59 | 24,407 VPD

Investment Overview

DOLLAR GENERAL • PUBLICLY TRADED COMPANY ON NYSE • INVESTMENT GRADE CREDIT | BBB/STABLE ON STANDARD & POORS • 18,000+ LOCATIONS IN 46 STATES • $33.7 BILLION NET SALES FY 2020 • $21.6% SALES INCREASE FROM 2019 • RANKED #91 ON FORTUNE 500 LIST

Exclusively Listed By

  • Robby Pfeiffer

    Senior Managing Director Investments

    (678) 808-2770

    Email Robby

    License(s): GA: 281335, AL: 000091407-1

    Atlanta

Broker of Record

  • Eddie Greenhalgh

    Senior Vice President Investments

    (205) 510-9200

    License(s): AL: 0000882980

    Alabama

Financing By

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