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Dollar General PLUS | Upgraded Construction

81 Highway 36, Chelsea, AL 35043

Listing Price: $2,010,000

Cap Rate
6.00%
Tenant Name
Dollar General
Years Remaining On Lease
14.6
Gross SF
10,640
Guarantor
Corporate Guarantee
Rentable SF
10,640
Price/Gross SF
$188.91
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$11.34

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 | AUGUST OPENING
  • DG PLUS STORE FOOTPRINT | 10,640+/- SF BUILDING
  • RARE UPGRADED CONSTRUCTION
  • 15-YEAR NNN LEASE | NO LANDLORD EXPENSES
  • CORNER LOCATION | HIGHWAY 36 AND HIGHWAY 39
  • GOOD DEMOGRAPHICS | 20,000+/- IN 5-MILE RADIUS
  • APPROVED FOR ABC BEER AND TABLE WINE LICENSE (OFF-PREMISES ONLY)

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 | Upgraded Construction

Listing Price: $2,010,000

Cap Rate
6.00%
Tenant Name
Dollar General
Years Remaining On Lease
14.6
Gross SF
10,640
Guarantor
Corporate Guarantee
Rentable SF
10,640
Price/Gross SF
$188.91
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$11.34

Investment Highlights

  • BRAND NEW 2022 CONSTRUCTION | AUGUST OPENING
  • DG PLUS STORE FOOTPRINT | 10,640+/- SF BUILDING
  • RARE UPGRADED CONSTRUCTION
  • 15-YEAR NNN LEASE | NO LANDLORD EXPENSES
  • CORNER LOCATION | HIGHWAY 36 AND HIGHWAY 39
  • GOOD DEMOGRAPHICS | 20,000+/- IN 5-MILE RADIUS
  • APPROVED FOR ABC BEER AND TABLE WINE LICENSE (OFF-PREMISES ONLY)

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

MM Texture Background
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