18 Coosa County Road 133 - Retail FOR SALE


Kellyton, AL 35089
$1,184,612 USD
586-718-7011
18 Coosa County Road 133, Kellyton, AL for Sale
$1,184,612 USD
Retail - FOR SALE
1/3
null | 7.35% Cap Rate

18 Coosa County Road 133
Kellyton, AL 35089


HIGHLIGHTS

  • To Be Sold Only as Part of the 7-Property Alabama Portfolio
  • Absolute NNN Lease no landlord responsibility
  • Brand New construction back in 2021 with 9 years remaining
  • Five, Five-Year Renewal Options with 10% Rental Increases

OVERVIEW

AMC Real Estate Investment Services is pleased to present this Dollar General located in Kellyton, Alabama, offered as part of a 7-property Alabama portfolio. The property operates under an absolute NNN lease with no landlord responsibility and is corporately guaranteed by Dollar General, an investment grade tenant (S&P: BBB). Brand new construction back in 2021 with 9 years of firm lease term remaining, the lease features five, five-year renewal options each with 10% rental increases, providing built in income growth and inflation hedge. Kellyton is a small town in Coosa County in east central Alabama, centrally located between Birmingham, Atlanta, and Montgomery. The store sits along AL-22 and is the only Dollar General within a 9-mile radius with minimal retail competition in the surrounding market. 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

$1,184,612 USD

PRICE/SF

$130 USD /SF

CAP RATE

7.35%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

NNN Dollar General | 9 Years Left

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2021

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

OT

APN/PARCEL ID

11-09-30-0-000-006.0000

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.