• Broker Jonathan Broadway 2565205000
LHT Commercial Real Estate

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

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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
  • General Retail Convenience Store
  • General Retail Freestanding
  • General Retail Storefront
Supermarket
Building Size
10,566 SF
Building Class
B
Year Built
2025
Construction Status
Under Construction
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

TRAFFIC

COLLECTION STREET CROSS STREET TRAFFIC VOLUME YEAR Distance
State Rte 53 Cedar Hill Rd, SE 7,753 2024 0.39 mi
State Line Road East Gatlin Rd, W 1,377 2023 0.60 mi
1018 Gatlin Rd, W 1,377 2025 0.60 mi
NEAR ALABAMA STATE LINE Gatlin Rd, W 1,502 2019 0.60 mi
Main St Al Hwy 53, E 10,501 2024 0.85 mi
Main Street - 8,505 2023 0.85 mi
State Line Rd Old School House Rd, W 1,149 2024 1.03 mi
Not Available Not Available, No 8,705 2020 1.13 mi
State Line Rd E State Line Rd, E 1,434 2025 1.28 mi
SR007 Whitt Ellet Way, S 9,507 2025 1.43 mi

PROPERTY TAXES

Parcel Number 01-01-02-0-000-027.000 Improvements Assessment $0
Land Assessment $0 Total Assessment $13,100

MAP

ADDITIONAL PHOTOS

View Photo Construction Photo
View Photo Construction Photo
  • Listing ID: 34701425

  • Date on Market: 2/3/2025

  • Last Updated: 5/22/2025

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

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