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304 W Fairview Ave
Montgomery, AL 36105
Dollar General | Upgraded Construction · Retail Property For Sale
PROPERTY FACTS
ABOUT 304 W FAIRVIEW AVE , MONTGOMERY, AL 36105
The subject property is a brand new upgraded construction Dollar General store located in Montgomery, AL. The 7,545+/- square foot store was completed and opened in May, 2018 on .81+/- acres of land at the corner of W. Fairview Ave. and Mooreland Road. Dollar General benefits from its strong frontage and visibility to the 14,000+ vehicles per day. Nearby retailers include CVS, McDonald’s, Autozone, O’Reilly Auto Parts, Advance Auto Parts, Dollar Tree, Rite Aid and more. Dollar General is signed to a 15-year NNN lease that commenced in May, 2018 upon store opening. The triple net (NNN) lease provides for Tenant to be responsible for property expenses including CAM, taxes, insurance, roof and HVAC. Five (5), Five (5) year renewal options follow the initial 15-year lease term. Rent is scheduled to increase by 10% at the beginning of each renewal period.
PROPERTY TAXES
| Parcel Number | 11-06-24-1-021-009.000 | Improvements Assessment | $150,180 |
| Land Assessment | $42,340 | Total Assessment | $192,520 |
PROPERTY TAXES
