Dollar General Toney, AL

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+

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