2610 Highway 77 - Freestanding FOR SALE
Southside, AL 35907 |
$1,387,000 USD
909-348-2407
2610 Highway 77
Southside, AL 35907
HIGHLIGHTS
- According to Placer.ai, this Dollar General location is ranked in the top 98th percentile nationwide and top 97th percentile in Alabama.
- The property is positioned along the prime corridor of Highway 77, boasting a traffic count of ±15,780 vehicles per day.
- Attractive long-term lease of approximately ±10 years with a stabilized investment-grade credit tenant, offering both security and strong investment p
- Absolute NNN lease structure provides zero management responsibility, offering an investor with long-term passive income.
- 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
- Dollar General has ±21,000 locations and plans to continue their expansion for the foreseeable future.
FOR SALE DETAILS
PRICE
$1,387,000 USD
PRICE/SF
$131 USD /SF
CAP RATE
7%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
DOLLAR GENERAL
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2019
SPRINKLERS
-
PARKING SPACES
34
LAND DETAILS
LAND ACRES
11.16 AC
LAND SF
486,058 SF
ZONING
-
APN/PARCEL ID
21-03-08-0-001-151.000
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909-348-2407
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909-348-2407
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