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Dollar General (Huntsville, AL MSA)

610 Nance Rd, Madison, AL 35757

Listing Price: $928,000

Cap Rate
8.00%
Tenant Name
Dollar General
Years Remaining On Lease
5.1
Gross SF
9,086
Guarantor
Corporate Guarantee
Rentable SF
9,086
Price/Gross SF
$102.14
Lease Type
Double Net
Rent Per Square Feet
$8.16

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire a double net lease Dollar General in Madison, AL. The property consists of a 9,086-square-foot, freestanding building that sits on approximately 0.85 acres of land. There are 5.3 years remaining on the lease.

Investment Highlights

  • Recent Lease Renewal - 5.2 Years of Lease Term Remaining
  • Signalized Hard Corner Location on Nance Road and Capshaw Road; Combined Traffic Counts Exceed 19,503 Vehicles per Day
  • Affluent Huntsville, AL Suburb – Average Household Income of $127,223 Within a Five-Mile Radius
  • More Than 105,225 Residents Within a Five-Mile Radius

Broker of Record

  • Eddie Greenhalgh

    Senior Vice President Investments

    (205) 510-9200

    License(s) AL: 0000882980

    Alabama

Discount

Dollar General (Huntsville, AL MSA)

Listing Price: $928,000

Cap Rate
8.00%
Tenant Name
Dollar General
Years Remaining On Lease
5.1
Gross SF
9,086
Guarantor
Corporate Guarantee
Rentable SF
9,086
Price/Gross SF
$102.14
Lease Type
Double Net
Rent Per Square Feet
$8.16

Investment Highlights

  • Recent Lease Renewal - 5.2 Years of Lease Term Remaining
  • Signalized Hard Corner Location on Nance Road and Capshaw Road; Combined Traffic Counts Exceed 19,503 Vehicles per Day
  • Affluent Huntsville, AL Suburb – Average Household Income of $127,223 Within a Five-Mile Radius
  • More Than 105,225 Residents Within a Five-Mile Radius

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire a double net lease Dollar General in Madison, AL. The property consists of a 9,086-square-foot, freestanding building that sits on approximately 0.85 acres of land. There are 5.3 years remaining on the lease.

Broker of Record

  • Eddie Greenhalgh

    Senior Vice President Investments

    (205) 510-9200

    License(s): AL: 0000882980

    Alabama

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