DG Market | Jacksonville, AL

12,668 SF | Retail Building | Jacksonville, AL 36265 | $2,335,636 ($184/SF) | 6.60% Cap Rate

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

Asking Price $2,335,636

Property Type
Retail
Square Feet
12,668 SF
Price / Square Foot
$184

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 located in Jacksonville, AL. The subject property has a 15-year NNN lease with 5% increases every 5 years during the initial term and each option, and an estimated delivery date of May 2024. The property is located along West Point Road, about 7.5 miles from Weaver, AL. Jacksonville is nestled in the foothills of Northeast Alabama in Calhoun County, AL, approximately 75 miles East of Birmingham, AL and 90 miles West of Atlanta, GA. Dollar General is an investment-grade tenant with a Standard & Poor’s “BBB” credit rating.

Property Details

Class
B
Year Built
2024
Stories
1
Property Subtype
Freestanding, Grocery/Convenience Store, Storefront
Lot Size (sq. ft)
161,172 SF

Highlights

  • NNN Single Tenant Investment Opportunity
  • Located approximately halfway between Birmingham, AL and Atlanta, GA
  • 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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