108 Lamar St | Roanoke, AL 36274
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108 Lamar St
Roanoke, AL 36274
Dollar General · Retail Property For Sale
Investment Highlights
- List Price of $2,162,246 yielding a 5.00% Cap Rate
- RELOCATION STORE: Dollar General relocated from their previous space in the market into this larger building to keep up with consumer demand!
- NNN Lease: No landlord responsibilities. Excellent long term passive investment (Tenant reimburses taxes)
- Over 11.75 Years Remaining: On the Primary Term with 10% Rental Increases in each of the Five, 5-Year Options
- DOLLAR GENERAL PLUS STORE MODEL: Dollar General’s larger & more desirable 10,640 SF store model.
- Corporate Guarantee: Investment grade credit corporate guarantee by Dollar General Corporation (S&P: BBB)
PROPERTY FACTS
Property Type
Retail
Building Size
10,640 SF
Year Built
2019
Tenancy
Single
Building Height
1 Story
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $208,780 | |
| Land Assessment | $31,540 | Total Assessment | $240,320 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$31,540
Improvements Assessment
$208,780
Total Assessment
$240,320
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