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| Price $1,047,373 | Built/Renov 2014 | Tenant Dollar General |
| Cap Rate 7.65% | Lease Type
Abs NNN | Guarantor Corp T and Rated |
| Size/SF
9,100
| Lease Start
03-01-2015
| #Units
19,986
|
| Price/SF $115.10 | Expiration
02-28-2030
| Tenant Type Dollar/Discount |
| NOI $80,124 | R. Term 5.2 | Ownership Fee Simple |
| Rent/SF
$8.80
| Increases 10.0%/5/yrs | Pop 5Mi 12,933 |
| Lot/AC 1.10 | Options 5/5yrs/10% | AHHI 5Mi $84,877 |
| | |
Dollar General is strategically located at the hard corner intersection of Lakemont Drive South and U.S. Highway 77 (Alabama State Route 77), with access to a combined daily traffic count of 10,000 vehicles. The property is situated next to the Coosa River, a 600-mile river that flows directly into the Gulf of Mexico. Each year, lake visitors spend approximately $145 million locally. The...
...Hard corner intersection
Build to suit
Affluent suburb location
Absolute NNN
Limited competition
Traded and rated company
Corporate Guarantee
Investment grade tenant
Dollar General Corporation (NYSE: DG) is an American chain of variety stores. The stores deliver everyday low prices on items including food, snacks, health, and beauty aids, cleaning supplies,...
| 1 Miles | 3 Miles | 5 Miles | |
| 2029 Total Population : | 1,215 | 5,613 | 12,889 |
| 2024 Total Population : | 1,224 | 5,649 | 12,900 |
| 2024 Employed Civilian Pop : | 511 | 2,489 | 5,878 |
| 2024 Total Businesses : | 13 | 52 | 202 |
| 2024 Average Household Income : | $ 106,206 | $ 103,614 | $ 97,848 |
| 2024 Total Consumer Spending : | $ 45 M | $ 207 M | $ 437 M |
| 2024 Median Age : | 45 | 46 | 46 |
| 2024 Total Households : | 484 | 2,281 | 5,085 |
| 2024 Pop Age 25+: Bachelor's Degree : | 123 | 599 | 1,453 |
| 2024 Average Home Value : | $ 334,240 | $ 321,540 | $ 297,648 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| AL 77 | Tydan Ln | 2021 | 9,603 | 0.56 mi |
| State Route 77 | Greensport Ferry Rd | 2020 | 9,603 | 0.56 mi |
| Royal Oak Dr | 2014 | 9,680 | 0.66 mi | |
| State Rte 77 | Green Hills Rd | 2018 | 8,990 | 0.93 mi |
| 2014 | 470 | 1.47 mi | ||
| Greensport Road | Cherry St | 2021 | 295 | 1.56 mi |
| Green Valley Road | Slasham Rd | 2021 | 2,423 | 1.59 mi |
| State Rte 77 | Silverwood Dr | 2018 | 10,931 | 1.68 mi |
| Cedar Bend Road South | Thompson Rd | 2021 | 970 | 1.96 mi |
| Greensport Road | Mountain Pass Rd | 2021 | 238 | 2.08 mi |
Pickens, MS
Cap Rate 8.10%
Lease Abs NNN
R. Term 10.10 yrs
Size/SF 9,232
Louisville, KY
Cap Rate 7.25%
Lease Double NN
R. Term 7.20 yrs
Size/SF 8,025
Jefferson City, MO
Cap Rate 8.50%
Lease NN+
R. Term 7.10 yrs
Size/SF 11,000
Brohman, MI
Cap Rate 8.10%
Lease Abs NNN
R. Term 9.00 yrs
Size/SF 9,413
Monrovia, IN
Cap Rate 8.25%
Lease Double NN
R. Term 1.50 yrs
Size/SF 9,100
Brohman, MI
Cap Rate 8.00%
Lease Abs NNN
R. Term 8.10 yrs
Size/SF 9,413
Macon, GA
Cap Rate 7.50%
Lease Double NN
R. Term 0.10 yrs
Size/SF 8,000
Germantown, IL
Cap Rate 6.85%
Lease Double NN
R. Term 5.00 yrs
Size/SF 9,014
Princeville, NC
Cap Rate 8.00%
Lease NN+
R. Term 5.60 yrs
Size/SF 9,014
Atwater, MN
Cap Rate 7.75%
Lease Abs NNN
R. Term 6.80 yrs
Size/SF 9,100
Augusta, WI
Cap Rate 8.25%
Lease Abs NNN
R. Term 4.50 yrs
Size/SF 8,359
Lewiston Woodville, NC
Cap Rate 8.00%
Lease NN+
R. Term 5.00 yrs
Size/SF 9,014
Wichita, KS
Cap Rate 8.10%
Lease Double NN
R. Term 3.10 yrs
Size/SF 8,320
Leesville, LA
Cap Rate 8.00%
Lease Abs NNN
R. Term 5.70 yrs
Size/SF 9,026
Schroon Lake, NY
Cap Rate 8.10%
Lease Double NN
R. Term 9.50 yrs
Size/SF 9,184
Garfield, GA
Cap Rate 7.60%
Lease Abs NNN
R. Term 9.90 yrs
Size/SF 9,100
Deer River, MN
Cap Rate 7.80%
Lease Abs NNN
R. Term 7.10 yrs
Size/SF 9,100
Staunton, IL
Cap Rate 7.80%
Lease Double NN
R. Term 4.40 yrs
Size/SF 9,014
Lonoke, AR
Cap Rate 7.25%
Lease Abs NNN
R. Term 6.10 yrs
Size/SF 9,014
Lucedale, MS
Cap Rate 7.75%
Lease Abs NNN
R. Term 7.40 yrs
Size/SF 9,130
Shuqualak, MS
Cap Rate 7.50%
Lease Abs NNN
R. Term 9.90 yrs
Size/SF 9,090
Carthage, MS
Cap Rate 7.75%
Lease Abs NNN
R. Term 7.50 yrs
Size/SF 9,099
Richton, MS
Cap Rate 7.50%
Lease Abs NNN
R. Term 9.80 yrs
Size/SF 9,244
Russells Point, OH
Cap Rate 7.56%
Lease Double NN
R. Term 1.20 yrs
Size/SF 15,700
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
