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Dollar General PLUS | New Construction

10477 Ramsey Rd, Grand Bay, AL 36541

Listing Price: $1,708,000

Cap Rate
6.25%
Tenant Name
Dollar General
Years Remaining On Lease
14.9
Gross SF
10,542
Guarantor
Corporate Guarantee
Rentable SF
10,542
Price/Gross SF
$162.02
Lease Type
Absolute Net
Rent Per Square Feet
$10.12

Investment Overview

DOLLAR GENERAL • PUBLICLY TRADED COMPANY ON NYSE • INVESTMENT GRADE CREDIT | BBB/STABLE ON STANDARD & POORS • 19,000+ LOCATIONS IN 47 STATES • $37.8 BILLION NET SALES FY 2021

Investment Highlights

  • BRAND NEW 2023 CONSTRUCTION | MARCH OPENING
  • DG PLUS STORE FOOTPRINT | 10,542+/- SF BUILDING
  • 15-YEAR NNN LEASE | NO LANDLORD EXPENSES
  • 59,000+ 10-MILE POPULATION
  • MOBILE, AL MSA | 3RD MOST POPULATED MSA IN ALABAMA

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

Discount

Dollar General PLUS | New Construction

Listing Price: $1,708,000

Cap Rate
6.25%
Tenant Name
Dollar General
Years Remaining On Lease
14.9
Gross SF
10,542
Guarantor
Corporate Guarantee
Rentable SF
10,542
Price/Gross SF
$162.02
Lease Type
Absolute Net
Rent Per Square Feet
$10.12

Investment Highlights

  • BRAND NEW 2023 CONSTRUCTION | MARCH OPENING
  • DG PLUS STORE FOOTPRINT | 10,542+/- SF BUILDING
  • 15-YEAR NNN LEASE | NO LANDLORD EXPENSES
  • 59,000+ 10-MILE POPULATION
  • MOBILE, AL MSA | 3RD MOST POPULATED MSA IN ALABAMA

Investment Overview

DOLLAR GENERAL • PUBLICLY TRADED COMPANY ON NYSE • INVESTMENT GRADE CREDIT | BBB/STABLE ON STANDARD & POORS • 19,000+ LOCATIONS IN 47 STATES • $37.8 BILLION NET SALES FY 2021

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

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