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

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

DOLLAR GENERAL 2610 Highway 77

10,566 SF Retail Building Southside, AL 35907 $1,387,000 ($131/SF) 7% Cap Rate

Investment Highlights

  • According to Placer.ai, this Dollar General location is ranked in the top 98th percentile nationwide and top 97th percentile in Alabama.
  • Attractive long-term lease of approximately ±10 years with a stabilized investment-grade credit tenant, offering both security and strong investment p
  • Dollar General boasts an investment-grade credit rating of BBB (S&P) and has a market cap of ±$20 billion, providing security behind the lease guarant
  • The property is positioned along the prime corridor of Highway 77, boasting a traffic count of ±15,780 vehicles per day.
  • Absolute NNN lease structure provides zero management responsibility, offering an investor with long-term passive income.
  • Dollar General has ±21,000 locations and plans to continue their expansion for the foreseeable future.

Executive Summary

Broker of Record
Kyle Matthews
License No. 000110253 - 0 (AL)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,566 SF
Building Class
B
Year Built
2019
Price
$1,387,000
Price Per SF
$131
Cap Rate
7%
NOI
$97,090
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
11.16 AC
Parking
34 Spaces (3.22 Spaces per 1,000 SF Leased)

Amenities

  • Signage
  • Listing ID: 34292795

  • Date on Market: 12/26/2024

  • Last Updated:

  • Address: 2610 Highway 77, Southside, AL 35907

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}