Log In/Sign Up
Your email has been sent.
20 Freedom Ln 9,260 SF 100% Leased Retail Building Hayneville, AL 36040 $1,207,000 ($130.35/SF) 7.90% Cap Rate
INVESTMENT HIGHLIGHTS
- NNN Dollar General with Well Above Average Car Traffic (10,000 VPD)
- Strong Store Performance Per Placer.ai (Top 40% Store Nationwide)
- Low NNN Dollar General Rent Increasing Asset Security
- 10 Year Lease with Rent Increases in Each Option
- Limited Proximate Dollar Store Competition
EXECUTIVE SUMMARY
NNN Dollar General w/ No Management Located on US Hwy 80 W with Well Above Average Dollar General Traffic (10,000 Vehicles Per Day (VPD)) and Rare Positioning at a Signalized Intersection in Hayneville, AL. Asset Constructed in 2020 Featuring 10+ Years of Base Lease Term Remaining and Multiple 5-Year Options Providing Long Term Security to Passive Investors and 1031 Exchange Buyers. This Dollar General Ranks in the Top 40 Percent of All Dollar Generals Nationally According to Placer.ai Analytics Indicating Strong Tenant Performance and Elevated Asset Security. The Nearest Dollar General and Family Dollar Competitive Stores are Located Over 13 Miles Away from the Subject Property Providing a Material Competitive Advantage to this Asset. At Just Over $95,000 Annually, Rent at This Dollar General is Low Suggesting Higher Profitability at this Store Providing Another Signal of This Store’s Long-Term Viability.
BROKER OF RECORD - EDDIE GREENHALGH
800 Shades Creek Parkway, Ste. 815
Birmingham, AL 35209
License: AL - 000088298-0
BROKER OF RECORD - EDDIE GREENHALGH
800 Shades Creek Parkway, Ste. 815
Birmingham, AL 35209
License: AL - 000088298-0
PROPERTY FACTS
Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,260 SF
Building Class
B
Year Built
2013
Price
$1,207,000
Price Per SF
$130.35
Cap Rate
7.90%
NOI
$95,367
Percent Leased
100%
Building Height
1 Story
Building FAR
0.21
Lot Size
0.99 AC
Opportunity Zone
Yes
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 16-04-17-0-002-016-004-0 | Improvements Assessment | $123,700 |
| Land Assessment | $30,300 | Total Assessment | $154,000 |
PROPERTY TAXES
Parcel Number
16-04-17-0-002-016-004-0
Land Assessment
$30,300
Improvements Assessment
$123,700
Total Assessment
$154,000
1 of 5
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
20 Freedom Ln
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.