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Dollar General 1986 County 57 Rd 10,640 SF Retail Building Prattville, AL 36067 $1,342,080 ($126.14/SF) 7.50% Cap Rate
Investment Highlights
- Corporate Lease
- Absolute NNN | Zero Landlord Obligations
- Investment Grade Credit Tenant
- Intersection Location
Executive Summary
Northmarq is pleased to offer to qualified investors a single-tenant retail property, 100% leased to Dollar General, located in Prattville, Alabama (the "Property"). The Property consists of a ±10,640 SF building on ±1.28 acres of land. Dollar General is operating under a corporate guaranteed NNN lease featuring five (5), five (5) year renewal options with 10% increases at each option.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,640 SF
Building Class
B
Year Built
2017
Price
$1,342,080
Price Per SF
$126.14
Cap Rate
7.50%
NOI
$100,656
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
1.28 AC
Zoning
commercial
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Retailer
- -
- -
-
Lorem Ipsum
-
Jan 0000
Dollar General began in 1939 as J.L. Turner and Son Wholesale Company, a dry-goods business started by J.L. Turner and Cal Turner Sr., and the first Dollar General store opened in the mid-1950s. The company operates a discount retail model through Dollar General, DG Market, DGX, and pOpshelf formats, serving customers with food, health and wellness products, cleaning and laundry supplies, self-care and beauty items, seasonal décor, private brands, and national labels. Dollar General supports online shopping and positions itself around affordable everyday goods and community-focused services.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Retailer | - | - | Lorem Ipsum | Jan 0000 |
Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 11-02-03-0-000-010-014-0 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $264,100 |
Property Taxes
Parcel Number
11-02-03-0-000-010-014-0
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$264,100
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