13896 Roberts Rd - Freestanding FOR SALE


Chunchula, AL 36521
$1,220,612 USD
586-718-7011
13896 Roberts Rd, Chunchula, AL for Sale
$1,220,612 USD
Freestanding - FOR SALE
1/3
null | 7.35% Cap Rate

13896 Roberts Rd
Chunchula, AL 36521


HIGHLIGHTS

  • To Be Sold Only as Part of the 7-Property Alabama Portfolio
  • Absolute NNN Lease with zero landlord responsibility
  • Visible to over 3,591 vehicles per Day
  • Long lease term remaining of 9 years
  • Five, Five-Year Renewal Options with 10% Rental Increases

OVERVIEW

AMC Real Estate Investment Services is pleased to present this Dollar General located in Chunchula, Alabama, offered as part of a 7-property Alabama portfolio. The property operates under an absolute NNN lease with zero landlord responsibility and is corporately guaranteed by Dollar General, an investment grade tenant (S&P: BBB). With a long lease term remaining of 9 years, the lease features five, five-year renewal options each with 10% rental increases, providing built in income growth and inflation hedge. Chunchula is an unincorporated community in Mobile County, approximately 30 minutes north of Mobile, the second most populous city in Alabama. The store occupies a corner location at the SW intersection of AL-63 (Roberts Road) and AL-41 with visibility to over 3,591 vehicles per day, situated in a small retail market with little nearby retail competition. This property is being offered exclusively as part of the 7-property Alabama Dollar General portfolio and will not be sold individually.

FOR SALE DETAILS

PRICE

$1,220,612 USD

PRICE/SF

$135 USD /SF

CAP RATE

7.35%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

NNN Dollar General | 9 Years Left

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

1.94 AC

LAND SF

84,506 SF

ZONING

-

APN/PARCEL ID

13-01-12-0-000-001

ASK ABOUT THIS PROPERTY

Angelo IacobelliAMC Real Estate Investment ServicesMore Info
586-718-7011

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Angelo IacobelliAMC Real Estate Investment ServicesMore Info
586-718-7011

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