Dollar General
CONTACT US REGARDING THIS LISTING
PROPERTY ADDRESS
10066 State Highway 129, Brilliant, AL 35548
PROPERTY INFORMATION
Price:
$375,000
Cap Rate:
7.68%
Term Remaining:
5 Years
Year Built:
2002
INVESTMENT HIGHLIGHTS
- Dollar General Extended Lease for 5 Years Effective September 1st, 2017
- Store Outperformed Projected Sales Figures Resulting in Early Extension
- LOW Rent Per Square Foot—$3.60 PSF/Year
- Closest Dollar General Store Over 10 Miles Away
- Standard & Poor’s Investment Grade Credit Rating: ‘BBB’
- NN Lease Requires Minimal Landlord Responsibility
- Concrete Parking Lot Minimizes Landlord’s Long Term Operating Costs
- Extra Lot Included in Purchase