Randall Commercial Group, LLC is pleased to exclusively offer for sale this brand-new, freestanding Dollar General located in Bessemer, AL. The subject property has a 15-year NNN lease with 5% increases every 5 years during the initial term and each option, and an estimated delivery date in October 2024. This property is located on Shannon Oxmoor Road on the east side of Bessemer, just south of the Oxmoor Valley Golf Course and just north of the Renaissance Birmingham Ross Bridge Golf Resort and Spa. Dollar General is an investment-grade tenant with a Standard & Poor’s “BBB” credit rating.
The subject property is located on Shannon Oxmoor Rd in Bessemer, AL, just south of Birmingham, AL. The Bessemer Dollar General is located just south of the Oxmoor Valley Golf Course and just north of the Renaissance Birmingham Ross Bridge Golf Resort and Spa, both part of the Robert Trent Jr. Golf Trail. Bessemer is part of the Birmingham-Hoover MSA, the largest population center in the state of Alabama. The city is strategically located along I-20/59 corridor that connects Tuscaloosa to Birmingham. In 2018, Amazon confirmed plans for an 825,000 sq. ft. fulfillment center in Bessemer. The Bessemer-Amazon facility represents a $325-million investment and ±1,500 full-time jobs with an annual payroll of $46-million (source: www.madeinalabama.com). Bessemer is also home to a Dollar General distribution center. The DG distribution facility is approximately 1,000,000 sq. ft. on 100-acres and represents a $100-million investment in Bessemer.