1500 County Road 28
Clanton, AL
Price:
$1,386,550
Cap Rate:
6.90%
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+
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