6123 Highway 269 | Parrish, AL 35580
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- LoopNet Team
6123 Highway 269
Parrish, AL 35580
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Dollar General Corp. (NYSE: DG) - Rated “BBB” by Standard & Poor
- Absolute NNN Lease Structure - Zero LL Responsibilities
- Inflation Hedge 3% Rental Increase in 2022
- Investment Grade Credit Tenant - Pride of Ownership - Fee Simple
- 15 Year Original Lease Term - Approximately 9 Years Remaining
- 10% Rental Increases Each Option - 5-5 Year Option Periods
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
12,382 SF
Building Class
B
Year Built
2012
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
1.38 AC
Zoning
CO
Frontage
164’ on Alabama 269
ABOUT 6123 HIGHWAY 269 , PARRISH, AL 35580
We are pleased to offer to qualified investors an opportunity to purchase a single tenant absolute NNN investment fully leased to Dollar General on an original 15 year lease located in Parish, AL. This is an excellent opportunity to acquire an investment grade credit tenant, with approximately 9 years remaining on the base term, positioned on a large 1.38 acre lot, and zero landlord responsibilities providing an ideal 1031 exchange asset.
PROPERTY TAXES
| Parcel Number | 22-05-16-1-000-001-0010 | Improvements Assessment | $190,100 |
| Land Assessment | $6,160 | Total Assessment | $196,260 |
PROPERTY TAXES
Parcel Number
22-05-16-1-000-001-0010
Land Assessment
$6,160
Improvements Assessment
$190,100
Total Assessment
$196,260
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