Discount
Dollar General - New Construction | 5% Increases
10558 Co Rd 95, Elberta, AL 36530
Listing Price: $2,210,000
Cap Rate
6.65%
Tenant Name
Dollar General
Years Remaining On Lease
15.0
Guarantor
Corporate Guarantee
Rentable SF
10,566
Lease Type
Absolute Net
Rent Per Square Feet
$13.91
Investment Overview
DOLLAR GENERAL
• PUBLICLY TRADED COMPANY ON NYSE
• INVESTMENT GRADE CREDIT | BBB/STABLE ON STANDARD & POOR’S
• 20,000+ LOCATIONS IN 48 STATES
• $42.7 BILLION NET SALES FISCAL YEAR 2025
Investment Highlights
- NEW 2026 CONSTRUCTION | ESTIMATED JULY OPENING
- 5% RENTAL INCREASES EVERY 5 YEARS
- TRIPLE-NET (NNN) LEASE | NO LANDLORD EXPENSES
- BALDWIN COUNTY IS 2ND FASTEST GROWING COUNTY IN ALABAMA | 17% GROWTH SINCE 2020
- 10,000+ POPULATION IN 5-MILE RADIUS | 75,000+ POPULATION IN 10-MILE RADIUS
Exclusively Listed By
Broker of Record
-
Eddie Greenhalgh
Senior Managing Director Investments
Listing Price: $2,210,000
Cap Rate
6.65%
Tenant Name
Dollar General
Years Remaining On Lease
15.0
Guarantor
Corporate Guarantee
Rentable SF
10,566
Lease Type
Absolute Net
Rent Per Square Feet
$13.91
Investment Highlights
- NEW 2026 CONSTRUCTION | ESTIMATED JULY OPENING
- 5% RENTAL INCREASES EVERY 5 YEARS
- TRIPLE-NET (NNN) LEASE | NO LANDLORD EXPENSES
- BALDWIN COUNTY IS 2ND FASTEST GROWING COUNTY IN ALABAMA | 17% GROWTH SINCE 2020
- 10,000+ POPULATION IN 5-MILE RADIUS | 75,000+ POPULATION IN 10-MILE RADIUS
Investment Overview
DOLLAR GENERAL • PUBLICLY TRADED COMPANY ON NYSE • INVESTMENT GRADE CREDIT | BBB/STABLE ON STANDARD & POOR’S • 20,000+ LOCATIONS IN 48 STATES • $42.7 BILLION NET SALES FISCAL YEAR 2025
Exclusively Listed By
Broker of Record
-
Eddie Greenhalgh
Senior Managing Director Investments