31 County Road 868 | Montevallo, AL 35115
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31 County Road 868
Montevallo, AL 35115
Dollar General, 31 Co Rd 868, Montevallo, AL · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- The property hosts Dollar General, a Fortune 100 company, which provides buyers with a stable, nationally recognized tenant.
- The rent remains flat for the 15-year base lease then increases by 10% every five years.
- The acquisition is highlighted by a cap rate currently projected to be 5.50% and includes a 2% commission to the buyer's agent.
- 12 years remaining on 15 years base lease plus 5 five-years option to extend.
- Features a NNN/triple-net lease with the tenant paying for taxes, insurance, and maintenance.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
9,026 SF
Building Class
B
Year Built
2018
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
2.17 AC
1 of 1
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