24816 State St - Freestanding FOR SALE
Elberta, AL 36530 |
$1,339,607 USD
407-913-9009
24816 State St
Elberta, AL 36530
HIGHLIGHTS
- Strong NNN lease with no landlord responsibilities and 10% rent increases every option.
- Lease is guaranteed by Dollar General Corporation (NYSE: DG), an investment-grade tenant with over 20,000 locations nationwide.
- Strategically positioned along Highway 98, the primary east-west thoroughfare through Elberta.
- Located in Baldwin County, one of the fastest-growing counties in Alabama, supported by expanding residential development along the Pensacol corridor.
FOR SALE DETAILS
PRICE
$1,339,607 USD
PRICE/SF
$127 USD /SF
CAP RATE
8.9%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Dollar General
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Convenience Store, Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2011
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.06 AC
LAND SF
46,174 SF
ZONING
-
APN/PARCEL ID
53-09-30-1-000-031.001
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407-913-9009
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407-913-9009
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