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DG Market | Alpine, AL 45 Alpine Winterboro rd 10,640 SF Retail Building Alpine, AL 35014 $2,142,343 ($201.35/SF) 7% Cap Rate
Investment Highlights
- NNN Single Tenant Investment Opportunity
- 5% Increases Every 5 Years During the Initial Term and Each Option
- 15-Year Lease with Five (5), Five (5) Year Options
- Corporate Guarantee by Dollar General Corporation
Executive Summary
Randall Commercial Group, LLC is pleased to exclusively offer for sale this brand new, free-standing DG Market located in Alpine, AL. The subject property has a 15-year NNN lease with 5% rent increases every 5 years and a commencement date of October 4, 2024. The property is located on Alpine Winterboro Rd at its intersection with AL Hwy 21. Dollar General is an investment-grade tenant with a Standard & Poor’s “BBB” credit rating.
Alpine, AL is located between Talladega, AL and Sylacauga, AL. The property is conveniently situated just north of Winterboro High School and approximately 9.5 miles south of the city of Talladega, AL, on the AL Hwy 21 corridor. Talladega County is home to Honda Manufacturing of Alabama, the largest automaker in the state, as well as the Talladega Superspeedway, the longest NASCAR track in the country that attracts thousands of attendees per year and brings an economic impact of ±$150MM as a result of the two races held there each year.
Alpine, AL is located between Talladega, AL and Sylacauga, AL. The property is conveniently situated just north of Winterboro High School and approximately 9.5 miles south of the city of Talladega, AL, on the AL Hwy 21 corridor. Talladega County is home to Honda Manufacturing of Alabama, the largest automaker in the state, as well as the Talladega Superspeedway, the longest NASCAR track in the country that attracts thousands of attendees per year and brings an economic impact of ±$150MM as a result of the two races held there each year.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
10,640 SF
Building Class
C
Year Built
2025
Price
$2,142,343
Price Per SF
$201.35
Cap Rate
7%
NOI
$149,964
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
1.90 AC
Parking
35 Spaces (3.29 Spaces per 1,000 SF Leased)
Frontage
1 of 6
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DG Market | Alpine, AL | 45 Alpine Winterboro rd
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