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20222 AL-33
Moulton, AL 35650
Dollar General Net Lease Investment | 8% Cap · Retail Property For Sale
PROPERTY FACTS
Amenities
- Dedicated Turn Lane
- Pylon Sign
- Signage
About 20222 AL-33 , Moulton, AL 35650
This established Dollar General is located in Moulton, Alabama, the county seat of Lawrence County. The ±9,100 SF prototype store format, constructed in 2009, sits on a ±1.21-acre parcel. The NN lease expires in November 2024. There are five 5-year renewal options with big rent increases: 9% in 4.5 years and 10% thereafter. Current rent of $7.64/SF is below average - a plus to tenant stability. Landlord responsibilities include repair and maintenance of the structure, roof and parking area. Dollar General pays monthly CAM reimbursement to the Landlord to cover the parking area maintenance costs. The tenant is responsible for all interior repairs and maintenance including HVAC maintenance and reimburses the Landlord for property taxes. The property is covered under Dollar General’s National Insurance Policy Program.
PROPERTY TAXES
| Parcel Number | 15-02-04-0-000-012.0020 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $143,040 |
PROPERTY TAXES
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