7996 AL-5 - Retail FOR SALE
Nauvoo, AL 35578 |
$1,206,601 USD
317-218-5316
7996 AL-5
Nauvoo, AL 35578
HIGHLIGHTS
- The Property is located less than 1 hour from Birmingham, the 3rd most populous city in Alabama.
- The property operates under an absolute triple-net with zero landlord responsibilities.
- This Dollar General is close to Jasper, which is s approximately 18 miles away and provides more urban conveniences.
- This Dollar General is located along AL-5, which leads directly into Brimingham.
OVERVIEW
The Klink Group of Marcus & Millichap is pleased to present for sale a Dollar General located in Nauvoo, Alabama. The property has 9.5+ 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
$1,206,601 USD
PRICE/SF
$145 USD /SF
CAP RATE
7.15%
% LEASED
-
TENANCY
Single
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
2 AC
LAND SF
87,120 SF
ZONING
-
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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