Skip to main content

Discount

Dollar General | Absolute NNN 7 Location Portfolio (Available Individually) | Alabama

75360 AL-9, Ashland, AL 36251

Listing Price: $1,194,545

Cap Rate
7.15%
Tenant Name
Dollar General
Years Remaining On Lease
9.4
Guarantor
Corporate Guarantee
Rentable SF
9,100
Lease Type
Absolute Net
Rent Per Square Feet
$9.39

Investment Overview

Marcus & Millichap is pleased to present for sale a Dollar General located in Ashland, Alabama. The property has 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.

Investment Highlights

  • The Property is located in Ashland, Alabama which is a little over an hour SE of Birmingham, the 3rd most populous city in AL and approximately 2 hours SW from Atlanta.
  • The property operates under an absolute triple-net with zero landlord responsibilities.
  • This Dollar General is centrally located between Birmingham, Atlanta and Montgomery.
  • The property benefits from being located along AL-9 and is the only Dollar General in an 8-mile radius.

Broker of Record

  • Eddie Greenhalgh

    Senior Managing Director Investments

    (205) 510-9200

    License(s) AL: 0000882980

    Alabama

Discount

Dollar General | Absolute NNN 7 Location Portfolio (Available Individually) | Alabama

Listing Price: $1,194,545

Cap Rate
7.15%
Tenant Name
Dollar General
Years Remaining On Lease
9.4
Guarantor
Corporate Guarantee
Rentable SF
9,100
Lease Type
Absolute Net
Rent Per Square Feet
$9.39

Investment Highlights

  • The Property is located in Ashland, Alabama which is a little over an hour SE of Birmingham, the 3rd most populous city in AL and approximately 2 hours SW from Atlanta.
  • The property operates under an absolute triple-net with zero landlord responsibilities.
  • This Dollar General is centrally located between Birmingham, Atlanta and Montgomery.
  • The property benefits from being located along AL-9 and is the only Dollar General in an 8-mile radius.

Investment Overview

Marcus & Millichap is pleased to present for sale a Dollar General located in Ashland, Alabama. The property has 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

    (205) 510-9200

    License(s): AL: 0000882980

    Alabama

MM Texture Background
MM Textured Background Lower