Dollar General I 2024 Build I Near Dothan AL | 11893 Cottonwood Rd rd
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Dollar General I 2024 Build I Near Dothan AL 11893 Cottonwood Rd rd
10,640 SF Retail Building Cottonwood, AL 36320 $1,831,678 ($172/SF) 6.75% Cap Rate
Investment Highlights
- Brand New 2024 Construction
- 5% Rental Increases Every 5 Years Starting in Year 6
- Dothan, Alabama MSA
- Long Term 15 Years Absolute NNN Lease With Corporate Guarantee
- “Mini Market” Format Prototype – Featuring DG's Larger Store, 10,640 SF, that will Operate as a DG MARKET to Accommodate Explosive Projected Sales
- Close Proximity to the National Peanut Festival Association with Over 200,000 Annual Visitors & 5 Miles from the AL/FL Stateline
Executive Summary
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
CONTACT US TO INQUIRE ABOUT OUR OFF MARKET INVESTMENTS & ATTRACTIVE LOAN OPTIONS
Property Facts
Sale Type
Investment NNN
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
10,640 SF
Building Class
C
Year Built
2024
Price
$1,831,678
Price Per SF
$172
Cap Rate
6.75%
NOI
$123,638
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
9.21 AC
PROPERTY TAXES
Parcel Number | 19-01-11-4-000-021-000 | Improvements Assessment | $0 |
Land Assessment | $0 | Total Assessment | $4,160 |
PROPERTY TAXES
Parcel Number
19-01-11-4-000-021-000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$4,160
Learn More About Investing in Retail Properties
1 of 2
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Dollar General I 2024 Build I Near Dothan AL | 11893 Cottonwood Rd rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.