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Dollar General 13896 Roberts Rd 9,100 SF Retail Building Chunchula, AL 36521 $1,254,755 ($137.89/SF) 7.15% Cap Rate
INVESTMENT HIGHLIGHTS
- The Property is located about 30 minutes north of Mobile, the 2nd most populous city in Alabama.
- Located close to several popular attractions: Dogwood Park, Mobile Botanical Gardens, Bellingrath Gardens & Home.
- The property operates under an absolute triple-net with zero landlord responsibilities.
- This Dollar General is located at the SW corner of AL-63 (Roberts Road) and AL-41, which leads directly into Mobile, Alabama.
EXECUTIVE SUMMARY
The Klink Group of Marcus & Millichap is pleased to present for sale a Dollar General located in Chunchula, 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.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,100 SF
Building Class
B
Year Built
2019
Price
$1,254,755
Price Per SF
$137.89
Cap Rate
7.15%
NOI
$89,715
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
1.94 AC
Parking
30 Spaces (3.3 Spaces per 1,000 SF Leased)
Frontage
233’ on Roberts Road
PROPERTY TAXES
| Parcel Number | 13-01-12-0-000-001 | Improvements Assessment | $0 |
| Land Assessment | $18,560 | Total Assessment | $18,560 |
PROPERTY TAXES
Parcel Number
13-01-12-0-000-001
Land Assessment
$18,560
Improvements Assessment
$0
Total Assessment
$18,560
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Dollar General | 13896 Roberts Rd
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