1220 Patton Chapel rd - Freestanding FOR SALE


Lincoln, AL 35096
$2,286,222 USD
662-234-4044
1220 Patton Chapel rd, Lincoln, AL for Sale
$2,286,222 USD
Freestanding - FOR SALE
1/3
null | 6.75% Cap Rate

1220 Patton Chapel rd
Lincoln, AL 35096


HIGHLIGHTS

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

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$2,286,222 USD

PRICE/SF

$216 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

DG Market | Lincoln, AL

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Convenience Store, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.01 AC

LAND SF

87,556 SF

ZONING

-

APN/PARCEL ID

03-05-22-0-000-002.007

ASK ABOUT THIS PROPERTY

Elizabeth RandallRandall Commercial Group, LLCMore Info
662-234-4044

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Elizabeth RandallRandall Commercial Group, LLCMore Info
662-234-4044

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.