3039 Jernigan Road - Supermarket FOR SALE


Ozark, AL 36360
$2,054,783 USD
256-520-5000
3039 Jernigan Road, Ozark, AL for Sale
$2,054,783 USD
Supermarket - FOR SALE
1/1
null | 6.9% Cap Rate

3039 Jernigan Road
Ozark, AL 36360


HIGHLIGHTS

  • Dollar General Plus!
  • 5% rent increase every 5 years including initial term lease
  • +-15,000 people in the area

OVERVIEW

PLUS STORE! NEW BUMP LEASE! 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. THIS LEASE IS THE NEW LEASE WITH BUMPS! Every 5 years during the initial 15 year term is a 5% rent increase. This store in Ozark, Alabama has a 10,640 square foot building. The yearly rental income is $141,780. The CAP is 6.9% and the Sales Price is $2,054,783. Ozark, Alabama is the county seat of Dale County Alabama. Ozark is located in the southeast part of Alabama. Ozark has a population of around 15,000. This store opens March 6, 2025. I have other stores not "listed" as well. I have bump leases AND flat leases. If you need anything, please just let me know. Dollar General Plus 3039 Jernigan Road Ozark, AL 36360 (Dale County) 31.4941 -85.692 $141,780 yearly rental income 6.9% CAP $2,054,783 Sales Price

FOR SALE DETAILS

PRICE

$2,054,783 USD

PRICE/SF

$193 USD /SF

CAP RATE

6.9%

% 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.