200 George Roy Parkway - Retail FOR SALE


Calera, AL 35040
$2,352,545 USD
662-638-0722
200 George Roy Parkway, Calera, AL for Sale
$2,352,545 USD
Retail - FOR SALE
1/2
null | 6.6% Cap Rate

200 George Roy Parkway
Calera, AL 35040


HIGHLIGHTS

  • NNN Single Tenant Investment Opportunity
  • 15-Year Lease with Five (5), Five (5) Year Options
  • 5% Increases Every 5 Years During Primary Term & Renewal Options
  • Corporate Guarantee by Dollar General Corporation

OVERVIEW

Randall Commercial Group, LLC is pleased to exclusively offer for sale this brand new, free-standing Dollar General located in Calera, AL. The subject property has a 15-year, NNN lease with 5% increases every 5 years during the preliminary term and each option, and an estimated delivery date of late October 2025. This Dollar General is has brick front and is ideally located in the Calera Commerce Park at the corner of George Roy Parkway and CR 22 just off I-65. Calera is a rapidly growing city in Shelby County, Alabama, known for its strategic location, industrial base, and a blend of small-town charm with suburban amenities. Dollar General is an investment-grade tenant with a Standard & Poor’s “BBB” credit rating. The Subject Property is ideally located at the corner of George Roy Parkway and CR 22 just off I-65. The property is part of the Calera Commerce Park and is next to the brand new ±216,300 sq. ft. muli-tenant distribution facility. Calera is a rapidly growing city in Shelby County, Alabama, known for its strategic location, industrial base, and a blend of small-town charm with suburban amenities. The name "Calera" is Spanish for "limestone quarry or lime kiln," a tribute to the city's history as a major limestone and lime-producing area. The city is positioned directly along Interstate 65, the main north-south artery connecting Birmingham (±30 miles) and Montgomery (±60 miles). This provides residents and businesses with direct access to these two major metropolitan areas, as well as the Port of Mobile further south. Calera also has a significant railway presence with two major rail lines, Norfolk Southern and CSX, and its own airport, the Shelby County Airport. Due to its access to major interstates, rail lines, and an airport, Calera is a crucial logistical hub for central Alabama. Its location is a primary reason it attracts manufacturing and distribution companies, including those involved in the automotive supply chain for plants in Alabama. (source: B’ham Business Journal, Google Gemini).

FOR SALE DETAILS

PRICE

$2,352,545 USD

PRICE/SF

$221 USD /SF

CAP RATE

6.6%

% LEASED

-

TENANCY

Single

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General | Calera, AL (George Roy Pkwy)

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

37

LAND DETAILS

LAND ACRES

1.25 AC

LAND SF

54,450 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Brian PhillipsRandall Commercial Group, LLCMore Info
662-638-0722

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Brian PhillipsRandall Commercial Group, LLCMore Info
662-638-0722

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