45 Alpine Winterboro rd - Freestanding FOR SALE


Alpine, AL 35014
$2,142,343 USD
662-234-4044
45 Alpine Winterboro rd, Alpine, AL for Sale
$2,142,343 USD
Freestanding - FOR SALE
1/3
null | 7% Cap Rate

45 Alpine Winterboro rd
Alpine, AL 35014


HIGHLIGHTS

  • NNN Single Tenant Investment Opportunity
  • 15-Year Lease with Five (5), Five (5) Year Options
  • 5% Increases Every 5 Years During the Initial Term and Each Option
  • Corporate Guarantee by Dollar General Corporation

OVERVIEW

Randall Commercial Group, LLC is pleased to exclusively offer for sale this brand new, free-standing DG Market located in Alpine, AL. The subject property has a 15-year NNN lease with 5% rent increases every 5 years and a commencement date of October 4, 2024. The property is located on Alpine Winterboro Rd at its intersection with AL Hwy 21. Dollar General is an investment-grade tenant with a Standard & Poor’s “BBB” credit rating. Alpine, AL is located between Talladega, AL and Sylacauga, AL. The property is conveniently situated just north of Winterboro High School and approximately 9.5 miles south of the city of Talladega, AL, on the AL Hwy 21 corridor. Talladega County is home to Honda Manufacturing of Alabama, the largest automaker in the state, as well as the Talladega Superspeedway, the longest NASCAR track in the country that attracts thousands of attendees per year and brings an economic impact of ±$150MM as a result of the two races held there each year.

FOR SALE DETAILS

PRICE

$2,142,343 USD

PRICE/SF

$201 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

DG Market | Alpine, AL

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Convenience Store, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

35

LAND DETAILS

LAND ACRES

1.9 AC

LAND SF

82,764 SF

ZONING

-

APN/PARCEL ID

23-01-02-0-000-005.000

ASK ABOUT THIS PROPERTY

Elizabeth RandallRandall Commercial Group, LLCMore Info
662-234-4044

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

Elizabeth RandallRandall Commercial Group, LLCMore Info
662-234-4044

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