Historical Retail Sale Listing - Dollar General Store

Retail For Sale

This Retail property is Off-Market. Search below to find active commercial real estate for sale or lease.

Browse More Listings in Retail For Sale,

Dollar General Store

Alabama Highway 69, Guntersville, AL 35976

N/A

9,614 SF | Retail

  • Print

Representative Photo

Retail Property - Off Market

Price:
N/A
Building Size:
9,614 SF
Property Type:
Retail
Property Sub-type:
Free Standing Bldg
Additional Sub-types:
Retail (Other)
Property Use Type:
Investment
Cap Rate:
8.10%
Tenancy:
Single
Year Built:
2004
Lot Size:
1.50 AC
Listing ID
13872991
Last Updated
over 1 year ago

Highlights

  • Brand New 10-Year NN Lease
  • Corporately Guaranteed by Dollar General-S&P Rated "BB+"
  • Percentage Rent Clause
  • Additional Rent from ATM on Property
  • New Construction
  • Only $66.56 Per Foot

Description

The subject property is a new 9,014+/- sq. ft. Dollar General Store located on Alabama Highway 69 in Scant City, Marshall County, Alabama. Scant City is located approximately 25 miles south of Huntsville, AL along the shores of Guntersville Lake and the Tennessee River. Guntersville Lake is a prime recreational getaway for Alabama residents.

Please be advised this property is currently under construction and is scheduled to be completed in June of 2004. The location strongly benefits from minimal competition in the grocer and retailer category. Dolgencorp, Inc. has signed a 10-year, NN lease expiring on June 30, 2014. The lease offers the Landlord a percentage rent clause and three, five-year options to extend.

Dollar General is the nation s largest discount store chain with over 6,700 stores nationwide. Dollar General Stores focus on selling general merchandise at everyday low prices, primarily serving low-, middle- and fixed-income families within a five mile radius from their stores. Dollar General currently has a Standard and Poors rating of BB+.

The subject property is a new 9,014+/- sq. ft. Dollar General Store located on Alabama Highway 69 in Scant City, Marshall County, Alabama. Scant City is located approximately 25 miles south of Huntsville, AL along the shores of Guntersville Lake and the Tennessee River. Guntersville Lake is a prime recreational getaway for Alabama residents.

Map of Alabama Highway 69, Guntersville, AL 35976

Research for Alabama Highway 69, Guntersville, AL 35976 (Marshall County)

  • Demographics – Population, income & other demographics near Alabama Highway 69
  • Research Price – Recent sales of similar properties
Created 3/5/2004