NEW BUMP LEASE! We have some of the BEST CAP rates on the market! 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 Florece, Alabama has a 10,640 square foot building. The yearly rental income is $143,712. The CAP is 6.85% and the Sales Price is $2,097,985. Florence, Alabama is in Lauderdale County Alabama. Florence is located in the northwest part of Alabama and is the county seat of Lauderdale County. Florence has a population of over 40,000. The University of North Alabama is located in Florence and has around 10,000 students. This store opened July 31, 2024. I have other stores not "listed" as well. If you need anything, please just let me know.
Dollar General
7701 Highway 20
Florence, AL 35633 (Lauderdale County)
34.8572 -87.7602
$143,712 yearly rental income
6.85% CAP
$2,097,985 Sales Price