DG Market | Adamsville, AL

10,640 SF | Retail Building | Adamsville, AL 35005 | $2,050,000 ($193/SF) | 6.60% Cap Rate

Date Added:
May 17, 2024
Days on Market:
28 days

Asking Price $2,050,000

Property Type
Retail
Square Feet
10,640 SF
Price / Square Foot
$193

Listing Contacts

Elizabeth Randall
Elizabeth Randall
Verified Profile
Brian Phillips
Brian Phillips
Verified Profile
  • Property Info

Property Overview

Randall Commercial Group, LLC is pleased to exclusively offer for sale this brand new, free-standing DG Market store located in Adamsville, AL. The subject property has a 15-year NNN lease with 5% increases every 5 years during the primary term and each option, and an estimated delivery date in June 2024. The property is located at 5370 Hazelwood Road, Adamsville, AL in Jefferson County. Adamsville is located ± 10 minutes from high-traffic Interstate 65 and only ± 20 minutes from Birmingham, AL. Dollar General is an investment-grade tenant with a Standard & Poor’s “BBB” credit rating.

Property Details

Year Built
2024
Stories
1
Property Subtype
Freestanding, Grocery/Convenience Store, Storefront
Lot Size (sq. ft)
62,291 SF

Highlights

  • NNN Single Tenant Investment Opportunity
  • Located in the Birmingham, AL MSA
  • 15-Year Lease with Five (5), Five (5) Year Options
  • 5% Rent Increases Every 5 Years During the Initial Term and Each Option
  • Corporate Guarantee by Dollar General Corporation

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