Dollar General | Bessemer, AL
10,566 SF | Retail Building | Bessemer, AL 35020 | $1,491,187 ($141/SF) | 6.85% Cap Rate
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $1,491,187
- Property Type
-
Retail
- Square Feet
- 10,566 SF
- Price / Square Foot
- $141
Listing Contacts
Elizabeth Randall
Verified Profile
Brian Phillips
Verified Profile
- Property Info
Property Overview
Randall Commercial Group, LLC is pleased to exclusively offer for sale this brand-new, freestanding Dollar General located in Bessemer, AL. The subject property has a 15-year, NNN lease with a rent commencement date of May 5, 2023. This property is located on Eastern Valley Road on the southeast side of Bessemer. Bessemer is part of the Birmingham-Hoover, AL MSA and is strategically located on the I-20/59 corridor that connects Tuscaloosa and Birmingham. Dollar General is an investment grade tenant with a Standard & Poor’s “BBB” credit rating.
Property Details
- Year Built
- 2023
- Stories
- 1
- Property Subtype
- Freestanding, Grocery/Convenience Store, Storefront
- Lot Size (sq. ft)
- 98,881 SF
Highlights
- NNN Single Tenant Investment Opportunity
- Located in Birmingham MSA
- 15-Year Leases with Five (5), Five (5) Year Options
- 10% Increases Per Option
- Corporate Guarantee by Dollar General Corporation
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