5370 Hazelwood Rd - Freestanding FOR SALE


Adamsville, AL 35005
$1,975,182 USD
662-234-4044
5370 Hazelwood Rd, Adamsville, AL for Sale
$1,975,182 USD
Freestanding - FOR SALE
1/4
null | 6.85% Cap Rate

5370 Hazelwood Rd
Adamsville, AL 35005


HIGHLIGHTS

  • NNN Single Tenant Investment Opportunity
  • Located in the Birmingham, AL MSA
  • 15-Year Lease with Five (5), Five (5) Year Options
  • 5% Rent Increases Every 5 Years During the Initial Term and Each Option
  • Corporate Guarantee by Dollar General Corporation

OVERVIEW

Randall Commercial Group, LLC is pleased to exclusively offer this brand new, free-standing DG Market located in Adamsville, AL. The subject property has a 15-year, NNN lease with 5% increase every 5 years during the preliminary term and each option, and a rent commencement date of May 31, 2024. This DG Market is ideally located along Hazelwood Road. The property benefits from daily traffic driven by its close proximity to the area’s primary public schools, Adamsville Elementary School, Minor Middle School, and Minor High School, all located within an approximate 1.5-mile radius of the site. Adamsville is positioned in western Jefferson County and functions as a vital bedroom community within the stable Birmingham-Hoover MSA. Dollar General is an investment-grade tenant with a Standard & Poor’s “BBB” credit rating. The Subject Property is ideally located along Hazelwood Road within the community of Longview Estates in Adamsville, Alabama. The Adamsville DG Market’s location is characterized by established single-family subdivisions and deeply rooted residential pockets. The immediate micro-market offers an exceptionally secure, built-in consumer base for essential retail. The property benefits from exceptional daily traffic driven by its close proximity to the area’s primary public schools, Adamsville Elementary School, Minor Middle School, and Minor High School, all located within an approximate 1.5-mile radius of the site. Adamsville is positioned in western Jefferson County and functions as a vital bedroom community within the stable Birmingham-Hoover MSA. Adamsville sits right along US-78 and is directly connected to the Interstate 22 corridor, a vital shipping and transit route connecting Birmingham to Memphis. This places the city directly in the path of regional logistics and industrial expansion. (Source: Google Gemini, Data USA)

FOR SALE DETAILS

PRICE

$1,975,182 USD

PRICE/SF

$186 USD /SF

CAP RATE

6.85%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

DG Market | Adamsville, AL

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Convenience Store, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

14

LAND DETAILS

LAND ACRES

1.43 AC

LAND SF

62,291 SF

ZONING

C1

APN/PARCEL ID

15-00-32-4-009-008.000

ASK ABOUT THIS PROPERTY

Elizabeth RandallRandall Commercial Group, LLCMore Info
662-234-4044

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Elizabeth RandallRandall Commercial Group, LLCMore Info
662-234-4044

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