11893 Cottonwood Rd rd - Freestanding FOR SALE
Cottonwood, AL 36320 |
$1,831,678 USD
310-678-4608
11893 Cottonwood Rd rd
Cottonwood, AL 36320
HIGHLIGHTS
- Brand New 2024 Construction
- Long Term 15 Years Absolute NNN Lease With Corporate Guarantee
- 5% Rental Increases Every 5 Years Starting in Year 6
- “Mini Market” Format Prototype – Featuring DG's Larger Store, 10,640 SF, that will Operate as a DG MARKET to Accommodate Explosive Projected Sales
- Dothan, Alabama MSA
- Close Proximity to the National Peanut Festival Association with Over 200,000 Annual Visitors & 5 Miles from the AL/FL Stateline
OVERVIEW
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
FOR SALE DETAILS
PRICE
$1,831,678 USD
PRICE/SF
$172 USD /SF
CAP RATE
6.75%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Dollar General I 2024 Build I Near Dothan AL
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Convenience Store, Drug Store, Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2024
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
9.21 AC
LAND SF
401,371 SF
ZONING
-
APN/PARCEL ID
19-01-11-4-000-021-000
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310-678-4608
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310-678-4608
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