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Dollar General 981 Monroe Rd 10,640 SF Retail Building Toney, AL 35773 $2,278,338 ($214.13/SF) 6.50% Cap Rate

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Investment Highlights

NNN Lease
5% rent increase every 5 years

New Lease

Executive Summary

LHT Commercial Real Estate, LLC is pleased bring to market this brand new free standing Dollar General store. This store has a brand new guaranteed NNN lease that has a 5% rent increase every 5 years. This lease has a 15 year initial term with 5 – 5 year options. Hazel Green is located in the northern part of Alabama and is in the Huntsville metro. There are over 540,000 people in the Huntsville metro area. This store has a 10,640 square foot building. The yearly rental income is $148,092. 6.5% CAP with a $2,278,338 Sales Price. The store opens November 2026 and is located at the NW corner of Charity Lane - Butter & Egg Road. The coordinates are 34.9476 -86.6416. I have other properties as well that are not “on the market”. Contact me today for more information.

Property Facts

Sale Type

Investment NNN

Property Type

Retail

Building Size

10,640 SF

Year Built

2026

Construction Status

Under Construction

Price

$2,278,338

Price Per SF

$214.13

Cap Rate

6.50%

NOI

$148,092

Tenancy

Single

Building Height

1 Story

Building FAR

0.24

Lot Size

1.00 AC

Dollar General
Retailer
99,999 SF
-
Lorem Ipsum
-

Tenant	Industry	SF Occupied	Rent/SF	Lease Type		Lease End
Dollar General	Retailer	99,999 SF	-	Lorem Ipsum		-

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Not walkable

10/100

Exceptionally drivable

90/100

Somewhat bikeable

30/100

Source: Local Logic^®

Property Taxes

Parcel Number	07-06-23-0-000-055.000	Improvements Assessment	$19,580
Land Assessment	$76,720	Total Assessment	$96,300

Property Taxes

Parcel Number

07-06-23-0-000-055.000

Land Assessment

$76,720

Improvements Assessment

$19,580

Total Assessment

$96,300

(256) 520-5000

Contact

Jonathan Broadway
LHT Commercial Real Estate

Listing ID: 41230228
Date on Market: 7/9/2026
Last Updated:
Address: 981 Monroe Rd, Toney, AL 35773

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981 Monroe Rd, Toney, AL for sale Primary Photo- Image 1 of 2 — Dollar General

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Dollar General | 981 Monroe Rd

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