16526 Alabama 157
Vinemont, AL
Price:
$1,245,936
Cap Rate:
7.50%
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