Dollar General Vinemont, AL

16526 Alabama 157
Vinemont, AL

Price: $1,625,150
Cap Rate: 5.75%
NOI: $93,446
Building Size: Approx. 9,100 Sq. Ft.
Lot Size: Approx. 2.1 Acres
Type: Single-Tenant / Retail
Sub Category: Dollar Store
Year Built: 2019

Investment Overview

  • 2019 Construction. 9,100+/- SF Building on 2.1+/- Acre Site
  • 12 Years Remaining on 15 Yr Corporate Absolute NNN Lease w/ 10% Rental Increases in (5) 5 Yr Option Periods
  • Subject Property Ideally Situated Along the Major Thoroughfare (5K VPD)
  • Subject Property Features Zero Landlord Responsibilities
  • 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
  • Vinemont  |  7 Miles North of Cullman  |  Less Than 1 Hour from Birmingham