Marcus and Millichap is pleased to exclusively offer for sale the Dollar General located at 31 Megan Lane in Cullman, Alabama. This investment is being offered at $699,000 which represents an 9.08% capitalization rate. Dollar General has been successfully operating at this location for nearly twenty years. The current lease was extended for an addition five years and runs through May of 2028. Dollar General has five, five-year renewal options, each containing rental increases. The property is encumbered by a double net lease agreement where the landlord is responsible for roof, structure and parking lot. Dollar General handles insurance directly, reimburses landlord for real estate taxes and contributes $270 per month for common area maintenance. Additionally, the tenant reimburses landlord for the cost of minor repairs. Cullman, Alabama serves as the county seat to Cullman County and is located under 60 miles north of Birmingham, Alabama and 54 miles south of Huntsville, Alabama. This location sits just off US 278 and Interstate 65, allowing for significant commuter traffic passing the store daily. Cullman has just over 20,000 residents, which represents moderate growth of 10% since 2020. This is a trend that is projected to continue through 2028.