13086 Holt Peterson Rd rd - Freestanding FOR SALE
Cottondale, AL 35453 |
$2,150,933 USD
310-678-4608
13086 Holt Peterson Rd rd
Cottondale, AL 35453
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
- Corner Location with Combined 8,287 VPD & 47,000 5-Mile Population
- 7 Miles from The University of Alabama - Alabama’s Largest Public University with 39,623 Enrolled Students - Tuscaloosa Has 110,000 Population
OVERVIEW
The ESS Group is pleased to exclusively market for sale a single tenant net leased NNN Dollar General investment in Cottondale, Alabama. 15 years lease with rent commencement in October 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
$2,150,933 USD
PRICE/SF
$202 USD /SF
CAP RATE
6.75%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Dollar General I 2024 Build I 47K Population
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Convenience Store, Fast Food, Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2024
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
-
ASK ABOUT THIS PROPERTY
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310-678-4608
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310-678-4608
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