11893 Cottonwood Rd Rd, Cottonwood, AL 36320

10,640 SF | Retail Building | Cottonwood, AL 36320 | $1,831,678 ($172/SF) | 6.75% Cap Rate

Asking Price $1,831,678

Sale Condition: 1031 Exchange
Property Type: Retail
Square Feet: 10,640 SF
Price / Square Foot: $172

Listing Contacts

Eli Shans

Verified Profile

Property Info

Property Overview

The ESS Group is pleased to exclusively market for sale a single tenant net leased NNN Dollar General investment in Cottonwood, Alabama. 15 years lease with rent commencement in August 2024. Dollar General PLUS that has been upgraded to a DG Market to account for strong projected sales. 5% rental increases every 5 years, including in years 6 and 11 of the base term.
CONTACT US TO INQUIRE ABOUT OUR OFF MARKET INVESTMENTS & ATTRACTIVE LOAN OPTIONS

Property Details

Year Built: 2024
Stories: 1
Property Subtype: Freestanding, Grocery/Convenience Store, Drug Store, Storefront

Highlights

Brand New 2024 Construction
Long Term 15 Years Absolute NNN Lease With Corporate Guarantee
5% Rental Increases Every 5 Years Starting in Year 6
“Mini Market” Format Prototype – Featuring DG's Larger Store, 10,640 SF, that will Operate as a DG MARKET to Accommodate Explosive Projected Sales
Dothan, Alabama MSA
Close Proximity to the National Peanut Festival Association with Over 200,000 Annual Visitors & 5 Miles from the AL/FL Stateline

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