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837 Liberty Hill
Evergreen, AL 36401
Retail Property For Sale
Investment Highlights
- Plus Store
- 10% rent increase at each option period
- NNN Lease with 5 - 5 year options
Executive Summary
LHT Commercial Real Estate, LLC is pleased to bring to market this Dollar General Plus store! This store opened in 2023 and the initial 15 year NNN term expires January 31, 2038 and has 5 - 5 year options with a 10% rent increase at each option period. Evergreen is the county seat of Conecuh County and Evergreen is located in the southern part of Alabama. This store has a 10,640 square foot building. The monthly rent is $9,997 with a yearly rental income of $119,964. 6.5% CAP. $1,845,600 Sales Price. Contact me today for more information!
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Building Size
10,640 SF
Building Class
C
Year Built
2023
Price
$1,845,600
Price Per SF
$173.46
Cap Rate
6.50%
NOI
$119,964
Tenancy
Single
Building Height
1 Story
1 of 2
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