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41 N Bay Springs Rd
Dothan, AL 36303
Dollar General · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Strong NNN lease with no landlord responsibilities and 10% rent increases every option.
- The surrounding 3-mile trade area boasts average household incomes of $104,000.
- positioned near the Robert Trent Jones Golf Trail at Highland Oaks, one of the nation’s largest and most acclaimed golf course networks.
- Located on Highway 84 with 22,000 vehicles per day, the site enjoys steady visibility and reliable customer flow.
- Lease is guaranteed by Dollar General Corporation (NYSE: DG), an investment-grade tenant with over 20,000 locations nationwide.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
9,211 SF
Building Class
C
Year Built
2011
Price
$1,084,606
Price Per SF
$117.75
Cap Rate
8.75%
NOI
$94,903
Tenancy
Single
Building Height
2 Stories
Building FAR
0.15
Lot Size
1.44 AC
PROPERTY TAXES
| Parcel Number | 08-05-15-0-000-006-002 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $166,500 |
PROPERTY TAXES
Parcel Number
08-05-15-0-000-006-002
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$166,500
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