75360 Highway 9 - Retail FOR SALE
Ashland, AL 36251 |
$1,194,545 USD
317-218-5316
75360 Highway 9
Ashland, AL 36251
HIGHLIGHTS
- The Property is located in Ashland, Alabama which is a little over an hour SE of Birmingham, the 3rd most populous city in AL and approximately 2 hou
- The property operates under an absolute triple-net with zero landlord responsibilities.
- This Dollar General is centrally located between Birmingham, Atlanta and Montgomery.
- The property benefits from being located along AL-9 and is the only Dollar General in an 8-mile radius.
OVERVIEW
The Klink Group of Marcus & Millichap is pleased to present for sale a Dollar General located in Ashland, Alabama. The property has 9+ years remaining on the base lease term, with five, five-year option periods remaining each of which have 10% rental increases. The property operates under an absolute triple-net lease with no landlord responsibilities.
FOR SALE DETAILS
PRICE
$1,194,545 USD
CAP RATE
7.15%
% LEASED
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TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Dollar General
PROPERTY TYPE
Retail
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2020
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
-
LAND SF
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ZONING
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APN/PARCEL ID
-
ASK ABOUT THIS PROPERTY
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317-218-5316
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317-218-5316
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