Discount
Dollar General Wadley
48298 AL-22, Wadley, AL 36276
Listing Price: $391,000
Investment Overview
Marcus & Millichap is pleased to offer for sale the Dollar General in Wadley, AL. This investment opportunity is being offered at a price of $391,000 and a cap rate of 6.90%.
The 8,000 square foot property sits on 0.65 acres and was built in 2003. In 2018, Dollar General extended their double net lease to August 31, 2027 with two (2) additional five-year options.
This established rural Dollar General has served the community since 2003. The replacement cost to develop a new Dollar General store at this location is more than $2.0 million.
Dollar General Wadley
Investment Highlights
- In 2018, Dollar General extended their double net lease to August 31, 2027 with two (2) additional five-year options.
- This established rural Dollar General has served the Wadley community since 2003.
- Dollar General has opened 1,000 stores countrywide between January 2023 and February 2024.
Broker of Record
Listing Price: $391,000
Investment Highlights
- In 2018, Dollar General extended their double net lease to August 31, 2027 with two (2) additional five-year options.
- This established rural Dollar General has served the Wadley community since 2003.
- Dollar General has opened 1,000 stores countrywide between January 2023 and February 2024.
Investment Overview
Marcus & Millichap is pleased to offer for sale the Dollar General in Wadley, AL. This investment opportunity is being offered at a price of $391,000 and a cap rate of 6.90%. The 8,000 square foot property sits on 0.65 acres and was built in 2003. In 2018, Dollar General extended their double net lease to August 31, 2027 with two (2) additional five-year options. This established rural Dollar General has served the community since 2003. The replacement cost to develop a new Dollar General store at this location is more than $2.0 million.
Broker of Record
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Eddie Greenhalgh
Senior Vice President Investments
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