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Investment Highlights

  • To Be Sold Only as Part of the 7-Property Alabama Portfolio
  • Minimal retail competition in the surrounding areas
  • Five, Five-Year Renewal Options with 10% Rental Increases
  • Absolute NNN Lease with zero landlord responsibility
  • Brand New construction back in 2020

Executive Summary

AMC Real Estate Investment Services is pleased to present this Dollar General located in Ashland, Alabama, offered as part of a 7-property Alabama portfolio. The property operates under an absolute NNN lease with zero landlord responsibility and is corporately guaranteed by Dollar General, an investment grade tenant (S&P: BBB). Brand new construction back in 2020 with 9 years of firm lease term remaining, the lease features five, five-year renewal options each with 10% rental increases, providing built in income growth and inflation hedge. Ashland is a small city in Clay County in east central Alabama, approximately one hour southeast of Birmingham and centrally located between Birmingham, Atlanta, and Montgomery. The store sits along AL-9 and is the only Dollar General within an 8-mile radius with minimal retail competition in the surrounding areas. This property is being offered exclusively as part of the 7-property Alabama Dollar General portfolio and will not be sold individually.

Data Room Click Here to Access

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,100 SF
Building Class
C
Year Built
2020
Price
$1,162,041
Price Per SF
$127.70
Cap Rate
7.35%
NOI
$85,410
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
1.84 AC
Zoning
C-1 - Commercial
Frontage
248’ on Alabama 9

Amenities

  • Signage

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Retailer
  • -
  • $9.99
  • Lorem Ipsum
  • Jan 0000

Dollar General began in 1939 as a family business rooted in Tennessee and later grew into a broad discount retail company. The company operates a network of Dollar General, DG Market, DGX, pOpshelf, and Mi Súper Dollar General stores that provide everyday essentials such as food, health and wellness items, cleaning and laundry supplies, self-care and beauty products, and seasonal décor. The business sells private brands alongside nationally recognized consumer products and supports customers through merchandise focused on value and convenience. Over time, Dollar General has expanded beyond its original store format into multiple retail concepts while maintaining a focus on general merchandise for everyday shopping needs.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Retailer - $9.99 Lorem Ipsum Jan 0000
Not walkable
10/100
Exceptionally drivable
100/100
Not bikeable
10/100

Property Taxes

Property Taxes

Parcel Number
17-17-05-21-0-000-003.003
Land Assessment
$1,054
Improvements Assessment
$128,140
Total Assessment
$129,194
  • Listing ID: 41096397

  • Date on Market: 6/29/2026

  • Last Updated:

  • Address: 75360 Highway 9, Ashland, AL 36251

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