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DG Market | Adamsville, AL 5370 Hazelwood Rd 10,640 SF Retail Building Adamsville, AL 35005 $1,975,182 ($185.64/SF) 6.85% Cap Rate



Investment Highlights
- NNN Single Tenant Investment Opportunity
- 15-Year Lease with Five (5), Five (5) Year Options
- Corporate Guarantee by Dollar General Corporation
- Located in the Birmingham, AL MSA
- 5% Rent Increases Every 5 Years During the Initial Term and Each Option
Executive Summary
Randall Commercial Group, LLC is pleased to exclusively offer this brand new, free-standing DG Market located in Adamsville, AL. The subject property has a 15-year, NNN lease with 5% increase every 5 years during the preliminary term and each option, and a rent commencement date of May 31, 2024. This DG Market is ideally located along Hazelwood Road. The property benefits from daily traffic driven by its close proximity to the area’s primary public schools, Adamsville Elementary School, Minor Middle School, and Minor High School, all located within an approximate 1.5-mile radius of the site. Adamsville is positioned in western Jefferson County and functions as a vital bedroom community within the stable Birmingham-Hoover MSA. Dollar General is an investment-grade tenant with a Standard & Poor’s “BBB” credit rating.
The Subject Property is ideally located along Hazelwood Road within the community of Longview Estates in Adamsville, Alabama. The Adamsville DG Market’s location is characterized by established single-family subdivisions and deeply rooted residential pockets. The immediate micro-market offers an exceptionally secure, built-in consumer base for essential retail. The property benefits from exceptional daily traffic driven by its close proximity to the area’s primary public schools, Adamsville Elementary School, Minor Middle School, and Minor High School, all located within an approximate 1.5-mile radius of the site. Adamsville is positioned in western Jefferson County and functions as a vital bedroom community within the stable Birmingham-Hoover MSA. Adamsville sits right along US-78 and is directly connected to the Interstate 22 corridor, a vital shipping and transit route connecting Birmingham to Memphis. This places the city directly in the path of regional logistics and industrial expansion.
(Source: Google Gemini, Data USA)
The Subject Property is ideally located along Hazelwood Road within the community of Longview Estates in Adamsville, Alabama. The Adamsville DG Market’s location is characterized by established single-family subdivisions and deeply rooted residential pockets. The immediate micro-market offers an exceptionally secure, built-in consumer base for essential retail. The property benefits from exceptional daily traffic driven by its close proximity to the area’s primary public schools, Adamsville Elementary School, Minor Middle School, and Minor High School, all located within an approximate 1.5-mile radius of the site. Adamsville is positioned in western Jefferson County and functions as a vital bedroom community within the stable Birmingham-Hoover MSA. Adamsville sits right along US-78 and is directly connected to the Interstate 22 corridor, a vital shipping and transit route connecting Birmingham to Memphis. This places the city directly in the path of regional logistics and industrial expansion.
(Source: Google Gemini, Data USA)
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
10,640 SF
Building Class
B
Year Built
2024
Price
$1,975,182
Price Per SF
$185.64
Cap Rate
6.85%
NOI
$135,300
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
1.43 AC
Zoning
C1
Parking
14 Spaces (1.32 Spaces per 1,000 SF Leased)
Frontage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Dollar General
- Retailer
- 10,640 SF
- $12.72
- Triple Net
- May 2039
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Dollar General | Retailer | 10,640 SF | $12.72 | Triple Net | May 2039 |
Not walkable
10/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 15-00-32-4-009-008.000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $188,320 |
Property Taxes
Parcel Number
15-00-32-4-009-008.000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$188,320
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