Discount
Dollar General | Absolute NNN 7 Location Portfolio (Available Individually) | Alabama
376 Smothers Ave, Eldridge, AL 35554
Listing Price: $1,212,556
Investment Overview
Marcus & Millichap is pleased to present for sale a Dollar General located in Eldridge, Alabama. The property has approximately 9 years remaining on the base lease term, with five, five-year option periods remaining each of which have 10% rental increases. The property operates under an absolute triple-net lease with no landlord responsibilities.
Dollar General | Absolute NNN 7 Location Portfolio (Available Individually) | Alabama
Investment Highlights
- The property is located less than 1 hour from Birmingham, the 3rd most populous city in Alabama.
- This Dollar General is located just south of Interstate 22 at the intersection of Highway 13 and Highway 118.
- The property operates under an absolute triple-net with zero landlord responsibilities.
- This is the only general merchandise/every day needs store in the immediate area.
Broker of Record
-
Eddie Greenhalgh
Senior Managing Director Investments
Discount
Dollar General | Absolute NNN 7 Location Portfolio (Available Individually) | Alabama
Listing Price: $1,212,556
Investment Highlights
- The property is located less than 1 hour from Birmingham, the 3rd most populous city in Alabama.
- This Dollar General is located just south of Interstate 22 at the intersection of Highway 13 and Highway 118.
- The property operates under an absolute triple-net with zero landlord responsibilities.
- This is the only general merchandise/every day needs store in the immediate area.
Investment Overview
Marcus & Millichap is pleased to present for sale a Dollar General located in Eldridge, Alabama. The property has approximately 9 years remaining on the base lease term, with five, five-year option periods remaining each of which have 10% rental increases. The property operates under an absolute triple-net lease with no landlord responsibilities.
Broker of Record
-
Eddie Greenhalgh
Senior Managing Director Investments
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