Dollar General Clanton, AL

1500 County Road 28
Clanton, AL

Price: $1,678,464
Cap Rate: 5.70%
NOI: $95,672
Building Size: Approx. 9,180 Sq. Ft.
Lot Size: Approx. 1.17 Acres
Type: Single-Tenant / Retail
Sub Category: Dollar Store
Year Built: 2019

Investment Overview

  • 2019 Construction. 9,180+/- SF Building on 1.17+/- Acre Site
  • 11+ Years Remaining on 15 Yr Corporate Absolute NNN Lease w/ 10% Rental Increases in 6 Option Periods
  • Excellent Location Just off of I-65 N (49K VPD) on County Rd 28 (4K VPD)
  • Clanton is Located Between Montgomery and Birmingham, Two of the Largest Cities in Alabama
  • Dollar General is the Country’s Largest Small-Box Discount Retailer  | E-Commerce Resistant
  • Dollar General Completed More Than 1,750 Store Remodels in 2021 & Plans for More in 2022
  • Clanton  |  Produces 80% of the State’s Peaches  |  Population: 8,500+