981 Monroe Rd - Retail FOR SALE


Toney, AL 35773
$2,278,338 USD
256-520-5000
981 Monroe Rd, Toney, AL for Sale
$2,278,338 USD
Retail - FOR SALE
1/1
null | 6.5% Cap Rate

981 Monroe Rd
Toney, AL 35773


HIGHLIGHTS

  • NNN Lease
  • New Lease
  • 5% rent increase every 5 years

OVERVIEW

LHT Commercial Real Estate, LLC is pleased bring to market this brand new free standing Dollar General store. This store has a brand new guaranteed NNN lease that has a 5% rent increase every 5 years. This lease has a 15 year initial term with 5 – 5 year options. Hazel Green is located in the northern part of Alabama and is in the Huntsville metro. There are over 540,000 people in the Huntsville metro area. This store has a 10,640 square foot building. The yearly rental income is $148,092. 6.5% CAP with a $2,278,338 Sales Price. The store opens November 2026 and is located at the NW corner of Charity Lane - Butter & Egg Road. The coordinates are 34.9476 -86.6416. I have other properties as well that are not “on the market”. Contact me today for more information.

FOR SALE DETAILS

PRICE

$2,278,338 USD

PRICE/SF

$214 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Convenience Store, Freestanding, Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

-

APN/PARCEL ID

07-06-23-0-000-055.000

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.