404 Columbus St E
Fayette, AL 35555
Fayette - 404 Columbus St. · Retail Property For Sale

Property tours are available by appointment ONLY. Please contact Doug McCullough to schedule at dmc@chasecommercial.com or 256-319-3516. Investment Highlights: ñ9,060 SF single tenant Dollar General with recently renewed lease through 2026 Corporate guaranteed lease will multiple renewal options and escalations Long and successful operating history at this property (since 2005) Renovations completed in August 2017 Great location with clear visibility and easy access Commercial corridor location with huge pylon visible from Situated on the primary east-west thoroughfare in Fayette, Alabama Nearby national retailers include Napa Auto Parts, Chevron, Regions, Sonic Drive-In Investment Overview: Fayette Dollar General, (the "Property") is a single tenant ñ9,060 SF freestanding retail building located at 404 Columbus Street East in Fayette, Alabama. Built in 2006, the Property is a ñ9,060 SF retail building and parking lot situated on ñ0.57 acres. The Property is strategically located on the primary east-west thoroughfare in the area with a huge pylon sign visible from several blocks away. The tenant, Dollar General has a corporate guaranteed lease with a term recently exte The tenant, Dollar General has a corporate guaranteed lease with a term recently extended to 2026. Dollar General has also affirmed their commitment to the property with major renovations completed in 2017. Dollar General operates over 10,000 stores nationwide. As the name implies, Dollar General sells a variety of products at extreme discounts, most for only one dollar. A public company, Dollar General trades on the NYSE under the initials DG and generates $14 billion in annual revenue. Investors have the opportunity to acquire the fee-simple interest in a 100% leased retail building with a corporate guaranteed tenant on a long term lease with clear visibility and easy access.