Dollar General 171 Highway 5 9,014 SF Retail Building Jasper, AL 35503 $962,500 ($106.78/SF) 8% Cap Rate
INVESTMENT HIGHLIGHTS
- Alabama Dollar General - Birmingham MSA
- 9,014 SF Prototype - DG Plans on Significant Remodels of Stores This Size in 2025
- Lower Rent Location - DG is Paying $8.54/PSF in Rent, Significantly Lower Than New Dollar General Rents Across the Nation
- Successfully Operating at Location for 15+ Years
- Signed Lease Extension Early, Showing Commitment to Site
- 20,000+ Residents Within 5 Miles of Subject Property
EXECUTIVE SUMMARY
In Cooperation With Brian Brockman at Bang Realty-Alabama Inc | AL #119315 | bor@bangrealty.com | He can be reached at (513) 898-1551
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
9,014 SF
Building Class
C
Year Built
2006
Price
$962,500
Price Per SF
$106.78
Cap Rate
8%
NOI
$77,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
0.94 AC
Zoning
SF
Parking
40 Spaces (4.44 Spaces per 1,000 SF Leased)
Frontage
182’ on Highway 5
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 17-03-05-4-000-020-0000 | Improvements Assessment | $108,360 |
| Land Assessment | $8,560 | Total Assessment | $116,920 |
CONTACTS
-
Matt Davis -
Cody Crist -
Eric Kelley -
Chance Hales -
Trinity Real Estate Investment Services, LLC
