41125 Us Highway 72 - Freestanding FOR SALE


Stevenson, AL 35772
$500,000 USD
818-579-0652
41125 Us Highway 72, Stevenson, AL for Sale
$500,000 USD
Freestanding - FOR SALE
1/9
null | 7.69% Cap Rate

41125 Us Highway 72
Stevenson, AL 35772


HIGHLIGHTS

  • Owner recently invested $125k into the roof, facade, parking lot, and interior
  • Significant upside potential
  • Below market rent - DG's lease expires in 3 years providing considerable rental upside
  • Billboard company has offered to install a billboard that would increase the NOI by $6,000
  • Pro-forma cap rate of 12% with billboard and lease-up of vacant space at $6.4 /sf

OVERVIEW

Exclusive Realty is pleased to present a value-add Dollar General investment located along U.S. Highway 72 in Stevenson, Alabama. The property features a corporate guaranteed NN lease with Dollar General Corporation (NYSE: DG) occupying 9,200 SF, plus an additional 2,800 SF retail suite offering immediate lease-up or expansion upside. The owner recently invested over $125,000 in capital improvements, including a new roof, façade upgrades, parking lot resurfacing, and interior enhancements—positioning the asset for years of low maintenance and dependable income. This location combines long-term stability from a nationally recognized essential retailer with near-term growth potential through re-tenanting of the vacant space and a proposed billboard installation that would further increase NOI. Priced well below replacement cost, this property offers investors an attractive blend of secure cash flow and measurable upside in a high-visibility corridor.

FOR SALE DETAILS

PRICE

$500,000 USD

PRICE/SF

$42 USD /SF

CAP RATE

7.69%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Value Add Dollar General

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Convenience Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1976

SPRINKLERS

-

PARKING SPACES

42

LAND DETAILS

LAND ACRES

1.24 AC

LAND SF

54,014 SF

ZONING

Commercial

APN/PARCEL ID

14-04-19-0-000-024.001

ASK ABOUT THIS PROPERTY

Sam WessonExclusive RealtyMore Info
818-579-0652

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Sam WessonExclusive RealtyMore Info
818-579-0652

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