28848 AL-53 - Supermarket FOR SALE


Ardmore, AL 35739
$2,152,467 USD
256-520-5000
28848 AL-53, Ardmore, AL for Sale
$2,152,467 USD
Supermarket - FOR SALE
1/1
null | 6.85% Cap Rate

28848 AL-53
Ardmore, AL 35739


HIGHLIGHTS

  • Dollar General Plus store
  • Over 7,800 vehicles per day
  • Part of the Huntsville metro area that has over 500,000 people

OVERVIEW

I am blessed to represent the largest developer of Dollar General stores in the country. We build / sell between 70 - 100 stores a year for the past 20 years, so if you need one store or a bundle, we can do that. All of our stores are all brand new free standing stores with true NNN 15 year initial term leases. Every 5 years during the initial 15 year term is a 5% rent increase. This store in Ardmore, Alabama has a 10,566 square foot building. The yearly rental income is $147,444. The CAP is 6.85% and the Sales Price is $2,152,467. Ardmore, Alabama is in Limestone County Alabama. Ardmore is located in the north central part of Alabama and is on the Alabama - Tennessee state line. Ardmore is in the Huntsville metro area which has over 500,000 people. Highway 53 has over 7,800 vehicles per day. This store opens July 13, 2025. I have other stores not "listed" as well. If you need anything, please just let me know.

FOR SALE DETAILS

PRICE

$2,152,467 USD

PRICE/SF

$204 USD /SF

CAP RATE

6.85%

% LEASED

-

TENANCY

Single

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General Plus

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Supermarket

ADD'L SUBTYPES

Convenience Store, Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Jonathan BroadwayLHT Commercial Real EstateMore Info
256-520-5000

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Jonathan BroadwayLHT Commercial Real EstateMore Info
256-520-5000

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