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DG Market | Lincoln, AL 1220 Patton Chapel rd

10,566 SF Retail Building Lincoln, AL 35096 $2,338,182 ($221/SF) 6.60% Cap Rate

Retail Buildings Alabama Lincoln 1220 Patton Chapel rd, Lincoln, AL 35096

Investment Highlights

  • NNN Single Tenant Investment Opportunity
  • 15-Year Lease with Five (5), Five (5) Year Options
  • Corporate Guarantee by Dollar General Corporation
  • Upgraded Hardy Plank Exterior
  • 5% Increases Every 5 Years During the Initial Term and Each Option

Executive Summary

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 a rent commencement date of August 29, 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.

Attachments

1273.24 -- Lincoln, AL 30705 OM

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,566 SF
Year Built
2024
Price
$2,338,182
Price Per SF
$221
Cap Rate
6.60%
NOI
$154,320
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
2.01 AC
1 of 1
(662) 234-4044

Contacts

  • Listing ID: 32187475

  • Date on Market: 6/19/2024

  • Last Updated:

  • Address: 1220 Patton Chapel rd, Lincoln, AL 35096

The Retail Property at 1220 Patton Chapel rd, Lincoln, AL 35096 is currently available for sale. Contact Randall Commercial Group, LLC for more information.

Nearby Listings

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1220 Patton Chapel rd, Lincoln, AL for sale Building Photo- Image 1 of 4
1018.15 -- DG Market Standard (new lease)
1220 Patton Chapel rd, Lincoln, AL for sale Site Plan- Image 2 of 4
1273.24 -- DG Lincoln, AL 30705 Site Plan
1220 Patton Chapel rd, Lincoln, AL for sale Building Photo- Image 3 of 4
1018.15 -- DGMM Building Elevation (Hardy Plank)

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DG Market | Lincoln, AL | 1220 Patton Chapel rd
(662) 234-4044 x

DG Market | Lincoln, AL | 1220 Patton Chapel rd

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Elizabeth Randall

(662) 234-4044

(662) 234-4044

Brian Phillips

(662) 638-0722

(662) 638-0722

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