Dollar General
CONTACT US REGARDING THIS LISTING
PROPERTY ADDRESS
8356 Alabama Hwy. 117, Valley Head, AL 35989
PROPERTY INFORMATION
Price:
$475,000
Cap Rate:
7.58%
Term Remaining:
7 years Years
Year Built:
2004
INVESTMENT HIGHLIGHTS
- Dollar General Extended Lease 2.5 Years Early for an Additional 5 Years Effective February 2019
- Store Outperformed Initial Projected Sales Figures Resulting in Dollar General Extending Early
- LOW Rent Per Square Foot—$4.43 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