2896 Ready Section Road
 Toney, AL 						
						
						
						
						
															
									Price: 
									
									$1,295,455								
								
								 
									
										Cap Rate: 
										
										6.50%									
									
																						
								NOI: 
								
									$84,204								
							
															
									Building Size: 
									
									Approx. 9,180 Sq. Ft.								
								
																						
									Lot Size: 
									
									Approx. 1.4 Acres								
								
																													
									Type: 
									
																		Single-Tenant / Retail								
								
																						
									Sub Category: 
									
									Dollar Store								
								
																						
								
									Year Built: 								
									
									2019								
								
													 
													
												
							Investment Overview
							
- 2019 Construction. 9,180+/- SF Building on 1.4+/- Acre Site
- 11+ Years Remaining on 15 Yr Corporate Absolute NNN Lease w/ 10% Rental Increases in 6 Option Periods
- Excellent Location at the Intersection of the Thoroughfares Ready Section Rd & Old Railroad Bed Rd
- Surrounded by Over 15,000 Residents within a 5 Mile Radius of the Site, Providing a Strong Consumer Base
- 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
- Toney |  15 Miles from Huntsville, AL  |  Huntsville MSA Population: 502,500+