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

7996 AL-5, Nauvoo, AL 35578

Listing Price: $1,206,601

Cap Rate
7.15%
Tenant Name
Dollar General
Years Remaining On Lease
9.7
Guarantor
Corporate Guarantee
Rentable SF
9,100
Lease Type
Absolute Net
Rent Per Square Feet
$9.48

Investment Overview

Marcus & Millichap is pleased to present for sale a Dollar General located in Nauvoo, Alabama. The property has 9.5+ 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 less than 1 hour from Birmingham, the 3rd most populous city in Alabama.
  • The property operates under an absolute triple-net with zero landlord responsibilities.
  • This Dollar General is close to Jasper, which is s approximately 18 miles away and provides more urban conveniences.
  • This Dollar General is located along AL-5, which leads directly into Brimingham.

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: $1,206,601

Cap Rate
7.15%
Tenant Name
Dollar General
Years Remaining On Lease
9.7
Guarantor
Corporate Guarantee
Rentable SF
9,100
Lease Type
Absolute Net
Rent Per Square Feet
$9.48

Investment Highlights

  • The Property is located less than 1 hour from Birmingham, the 3rd most populous city in Alabama.
  • The property operates under an absolute triple-net with zero landlord responsibilities.
  • This Dollar General is close to Jasper, which is s approximately 18 miles away and provides more urban conveniences.
  • This Dollar General is located along AL-5, which leads directly into Brimingham.

Investment Overview

Marcus & Millichap is pleased to present for sale a Dollar General located in Nauvoo, Alabama. The property has 9.5+ 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

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