6358 Highway 36 E - Freestanding FOR SALE


Somerville, AL 35670
$1,873,235 USD
256-520-5000
6358 Highway 36 E, Somerville, AL for Sale
$1,873,235 USD
Freestanding - FOR SALE
1/1
null | 6.8% Cap Rate

6358 Highway 36 E
Somerville, AL 35670


HIGHLIGHTS

  • Dollar General PLUS
  • New 15 year NNN initial term lease with 5 - 5 year options
  • 5% rent increase every 5 years

OVERVIEW

LHT Commercial Real Estate, LLC is pleased to bring to market this brand new Dollar General PLUS store! I am blessed to represent the largest developer of Dollar General stores in the country. We build / 70 - 100 stores a year for over 20 years. This PLUS store has the new lease! True 15 year NNN initial term lease with 5 - 5 year options with a 5% rent increase every 5 years! Somerville is located in the northern part of Alabama near Huntsville. The monthly rental income is $10,615. The yearly rental income is $127,380. 6.8% CAP with a $1,873,235 Sales Price. This store opens April 2, 2026

FOR SALE DETAILS

PRICE

$1,873,235 USD

PRICE/SF

$176 USD /SF

CAP RATE

6.8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General Plus

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Convenience Store, Storefront, Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.98 AC

LAND SF

86,273 SF

ZONING

-

APN/PARCEL ID

10-07-36-0-002-024.000

ASK ABOUT THIS PROPERTY

Jonathan BroadwayLHT Commercial Real EstateMore Info
256-520-5000

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Jonathan BroadwayLHT Commercial Real EstateMore Info
256-520-5000

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