15088 US-43
Northport, AL 35475
Dollar General · Retail Property For Sale

The subject property is a brand new freestanding Dollar General store in Northport, AL, a suburb of Tuscaloosa. The 10,640+/- square foot store is located on State Highway 43 which boasts average daily traffic of over 12,500. This is a rare DG PLUS prototype for the tenant. This larger than normal store for Dollar General should thrive in this area with no other Family Dollar or Dollar Tree within 8+ Miles. Dollar General is signed to a 15-year NNN lease that will commence in April, 2017 upon store opening. The triple net (NNN) lease provides for Tenant to be responsible for property expenses including CAM, taxes, insurance, roof and HVAC. Five (5), Five (5) year renewal options follow the initial 15-year lease term. Rent is scheduled to increase by 10% at the beginning of each renewal period. Dollar General Corporation has been delivering value to shoppers for over 75 years through its mission of Serving Others. Dollar General helps shoppers Save time. Save money. Every day!® by offering products that are frequently used and replenished, such as food, snacks, health and beauty aids, cleaning supplies, clothing for the family, housewares and seasonal items at low everyday prices in convenient neighborhood locations. Dollar General operates 13,205 stores in 43 states as of October 28, 2016. In addition to high quality private brands, Dollar General sells products from America's most-trusted manufacturers such as Procter & Gamble, Kimberly-Clark, Unilever, Kellogg's, General Mills, Nabisco, Hanes, PepsiCo and Coca-Cola.