9975 Wilmer Georgetown Rd | Wilmer, AL 36587
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9975 Wilmer Georgetown Rd
Wilmer, AL 36587
Dollar General, Wilmer, AL · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- The property hosts Dollar General, a Fortune 100 company, which provides buyers with a stable, nationally recognized tenant.
- The rent remains flat for the 15-year base lease then increases by 10% every five years.
- The acquisition is highlighted by a cap rate currently projected to be 5.50% and includes a 2% commission to the buyer's agent.
- 12 years remaining on 15 years base lease plus 5 five-years option to extend.
- Features a NNN/triple-net lease with the tenant paying for taxes, insurance, and maintenance.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
9,026 SF
Building Class
A
Year Built
2018
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
5.95 AC
PROPERTY TAXES
| Parcel Number | 17-02-04-0-000-005.004 | Improvements Assessment | $205,400 |
| Land Assessment | $6,520 | Total Assessment | $211,920 |
PROPERTY TAXES
Parcel Number
17-02-04-0-000-005.004
Land Assessment
$6,520
Improvements Assessment
$205,400
Total Assessment
$211,920
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