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Dollar General 16710 Ezell Rd 10,640 SF Retail Building Athens, AL 35611 $1,317,000 ($123.78/SF) 7.10% Cap Rate
INVESTMENT HIGHLIGHTS
- HIGH-VISIBILITY LOCATION ADJACENT TO SCHOOL – Strategically located at a signalized intersection and directly adjacent to Clements High School
- ABSOLUTE TRIPLE-NET LEASE – The lease structure is fully passive, with zero landlord responsibilities, making this an ideal hands-off investment
- LONG-TERM LEASE WITH OPTIONS – The lease features over 11 years of remaining primary term, complemented by five (5) five-year renewal options
- RAPID MARKET GROWTH – Athens, AL is undergoing substantial population expansion, recording a 17.97% year-over-year increase of new residents
- INVESTMENT-GRADE CORPORATE GUARANTEE – The lease is backed by Dollar General Corporation (NYSE: DG), rated “BBB” by S&P
- TOP-PERFORMING STORE LOCATION – According to AlphaMap data, this location ranks within the top 20% of all Dollar General stores nationwide
EXECUTIVE SUMMARY
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
AMENITIES
- Signalized Intersection
- Air Conditioning
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
-
- Retailer
- -
- -
- -
DG is proud to be America’s neighborhood general store. They strive to make shopping hassle-free and affordable with convenient, easy-to-shop stores all across the states. DG's stores deliver everyday low prices on items including food, snacks, health and beauty aids, cleaning supplies, basic apparel, housewares, seasonal items, paper products and much more from America’s most-trusted brands and products, along with high-quality private brands. From serving their customers with value and convenience and their employees with career opportunities to serving the communities they call home through literacy and education, Dollar General has been committed to its mission of Serving Others since the company’s founding in 1939.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
|
|
Retailer | - | - | - |
PROPERTY TAXES
| Parcel Number | 12-03-08-0-000-036.001 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $215,580 |
PROPERTY TAXES
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Dollar General | 16710 Ezell Rd
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