Discount
Dollar General
2007 Avenue H, Birmingham, AL 35218
Listing Price: $1,497,000
Investment Overview
5 MILE POPULATION: 158,833 • The 5 Mile Population is 158,833 and the 5-mile average household income is $70,905 INTERSTATE LOCATION (109,612 VPD) • This property sits on Hwy 269 (18,117 VPD) and is less than a mile from Interstate 20 (109,612 VPD). • The store is less than 2 miles from a retail corridor in Birmingham with national retailers including McDonald’s, Foot Locker, Hibbett Sports, Burger King, CVS and more. BIRMINGHAM, AL | 3RD LARGEST CITY IN AL • Birmingham is the county seat of Jefferson County and is the third most populous city in Alabama with a population of 1,115,289 in the metropolitan area. • Today Birmingham ranks as one of the most important business and banking centers in the Southeastern U.S. It is home to Regions Financial, BBVA Compass and major auto manufacturers such as Honda, Hyundai, and Mercedes Benz. • Several of the nation’s largest steelmakers, including CMC Steel, U.S. Steel, and Nucor, also have a major presence in Birmingham. In recent years, local steel companies have announced about $100 million worth of investment in expansions and new plants in and around the city. • Birmingham-Shuttlesworth International Airport (104,847 Flights per Year) is located only 10 miles away from the subject property. • Home to multiple universities and colleges including University of Alabama at Birmingham School of Medicine (805 Students), Samford University (3,576 Students), Birmingham-Southern College (1,129 Students) and more. 4.7 YEAR CORPORATE NNN LEASE • The subject property is a 9,026 SF upgraded construction Dollar General on 1.2 acres located in Birmingham, AL • The store opened in February 2013 and has approximately 4.7-years remaining on the initial 15-Year Corporate Guaranteed NNN Lease • Tenant is 100% responsible for all expenses including taxes, insurance, CAM, roof and structure. • There are 10% rent increases in each of the four, 5-year option periods. INVESTMENT GRADE TENANT • Dollar General is a publicly traded (NYSE: DG) Fortune 500 company with an S&P investment grade credit rating of BBB. • Currently over 19,000 locations and expanding by 1,000 stores each year. • Dollar General has been in business for 83 years and has a current net worth of over $54.4 billion
Investment Highlights
- Upgraded Dollar General NNN Corporate Lease
- 5 Mile Population 158,833
- Interstate Location 109,612 VPD
- Birmingham 3rd Largest City In AL
- Investment Grade Tenant | 19,000 + Locations
Broker of Record
Listing Price: $1,497,000
Investment Highlights
- Upgraded Dollar General NNN Corporate Lease
- 5 Mile Population 158,833
- Interstate Location 109,612 VPD
- Birmingham 3rd Largest City In AL
- Investment Grade Tenant | 19,000 + Locations
Investment Overview
5 MILE POPULATION: 158,833 • The 5 Mile Population is 158,833 and the 5-mile average household income is $70,905 INTERSTATE LOCATION (109,612 VPD) • This property sits on Hwy 269 (18,117 VPD) and is less than a mile from Interstate 20 (109,612 VPD). • The store is less than 2 miles from a retail corridor in Birmingham with national retailers including McDonald’s, Foot Locker, Hibbett Sports, Burger King, CVS and more. BIRMINGHAM, AL | 3RD LARGEST CITY IN AL • Birmingham is the county seat of Jefferson County and is the third most populous city in Alabama with a population of 1,115,289 in the metropolitan area. • Today Birmingham ranks as one of the most important business and banking centers in the Southeastern U.S. It is home to Regions Financial, BBVA Compass and major auto manufacturers such as Honda, Hyundai, and Mercedes Benz. • Several of the nation’s largest steelmakers, including CMC Steel, U.S. Steel, and Nucor, also have a major presence in Birmingham. In recent years, local steel companies have announced about $100 million worth of investment in expansions and new plants in and around the city. • Birmingham-Shuttlesworth International Airport (104,847 Flights per Year) is located only 10 miles away from the subject property. • Home to multiple universities and colleges including University of Alabama at Birmingham School of Medicine (805 Students), Samford University (3,576 Students), Birmingham-Southern College (1,129 Students) and more. 4.7 YEAR CORPORATE NNN LEASE • The subject property is a 9,026 SF upgraded construction Dollar General on 1.2 acres located in Birmingham, AL • The store opened in February 2013 and has approximately 4.7-years remaining on the initial 15-Year Corporate Guaranteed NNN Lease • Tenant is 100% responsible for all expenses including taxes, insurance, CAM, roof and structure. • There are 10% rent increases in each of the four, 5-year option periods. INVESTMENT GRADE TENANT • Dollar General is a publicly traded (NYSE: DG) Fortune 500 company with an S&P investment grade credit rating of BBB. • Currently over 19,000 locations and expanding by 1,000 stores each year. • Dollar General has been in business for 83 years and has a current net worth of over $54.4 billion
Broker of Record
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Eddie Greenhalgh
Senior Vice President Investments

