DG Market | Lincoln, AL
10,566 SF | Retail Building | Lincoln, AL 35096 | $2,338,182 ($221/SF) | 6.60% Cap Rate
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $2,338,182
- Property Type
-
Retail
- Square Feet
- 10,566 SF
- Price / Square Foot
- $221
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, free-standing DG Market located in Lincoln, AL. The subject property has a 15-year NNN lease with 5% increases every 5 years and an estimated delivery date in September 2024. The property is located on Patton Chapel Rd just east of the Coosa River and west of Oxford-Anniston, AL, approximately 6 miles from Talladega Superspeedway. 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)
- 87,556 SF
Highlights
- NNN Single Tenant Investment Opportunity
- Upgraded Hardy Plank Exterior
- 15-Year Lease with Five (5), Five (5) Year Options
- 5% Increases Every 5 Years During the Initial Term and Each Option
- Corporate Guarantee by Dollar General Corporation
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