Dollar General Plus 28848 AL-53 10,566 SF Retail Building Ardmore, AL 35739 $2,152,467 ($203.72/SF) 6.85% Cap Rate

INVESTMENT HIGHLIGHTS

  • Dollar General Plus store
  • Part of the Huntsville metro area that has over 500,000 people
  • Over 7,800 vehicles per day

EXECUTIVE SUMMARY

I am blessed to represent the largest developer of Dollar General stores in the country. We build / sell between 70 - 100 stores a year for the past 20 years, so if you need one store or a bundle, we can do that. All of our stores are all brand new free standing stores with true NNN 15 year initial term leases. Every 5 years during the initial 15 year term is a 5% rent increase. This store in Ardmore, Alabama has a 10,566 square foot building. The yearly rental income is $147,444. The CAP is 6.85% and the Sales Price is $2,152,467. Ardmore, Alabama is in Limestone County Alabama. Ardmore is located in the north central part of Alabama and is on the Alabama - Tennessee state line. Ardmore is in the Huntsville metro area which has over 500,000 people. Highway 53 has over 7,800 vehicles per day. This store opens July 13, 2025. I have other stores not "listed" as well. If you need anything, please just let me know.

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Supermarket
Building Size
10,566 SF
Building Class
B
Year Built
2025
Price
$2,152,467
Price Per SF
$203.72
Cap Rate
6.85%
NOI
$147,444
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
2.24 AC

PROPERTY TAXES

  • Listing ID: 34701425

  • Date on Market: 2/3/2025

  • Last Updated:

  • Address: 28848 AL-53, Ardmore, AL 35739