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Dollar General 100 Highway 64 10,640 SF Retail Building Killen, AL 35645 $1,226,000 ($115.23/SF) 7.35% Cap Rate
INVESTMENT HIGHLIGHTS
- Ranked In The Top 25% – This Dollar General ranks within the top 25% of all locations nationwide, as verified by AlphaMap
- Preferred 10,000+ SF Store Prototype – The building conforms to Dollar General’s latest 10,000+ square foot prototype format
- Credit-Rated, Publicly Traded Tenant – Backed by a corporate guarantee from Dollar General, this investment provides stability
- High-Visibility Location Along AL-64 – Situated on AL-64, a main thoroughfare connecting Killen with Florence and surrounding communities
- Absolute Triple-Net (NNN) Lease Structure – This property’s absolute triple-net lease eliminates landlord responsibilities
EXECUTIVE SUMMARY
Broker of Record
Hutt Cooke
License # 000110253 - 0 (AL)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Hutt Cooke
License # 000110253 - 0 (AL)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Building Size
10,640 SF
Building Class
C
Year Built
2019
Price
$1,226,000
Price Per SF
$115.23
Cap Rate
7.35%
NOI
$90,111
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
2.14 AC
PROPERTY TAXES
| Parcel Number | 03-09-31-0-000-015-004 | Improvements Assessment | $185,120 |
| Land Assessment | $6,680 | Total Assessment | $191,800 |
PROPERTY TAXES
Parcel Number
03-09-31-0-000-015-004
Land Assessment
$6,680
Improvements Assessment
$185,120
Total Assessment
$191,800
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Dollar General | 100 Highway 64
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