For Sale
$795,000

9650 Main St Brantley, AL 36009

High-Yield Retail Investment in Alabama

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional investment opportunity presents a freestanding Dollar General store in Brantley, Alabama. The 9,082 square foot building, constructed in 2008, sits on a 43,908 square foot lot and boasts a strong 8.10% cap rate based on current income. The property is strategically located between Montgomery, Alabama, and the Alabama/Florida state line, ensuring high visibility and consistent customer traffic. Dollar General, a nationally recognized retailer, has occupied this location for over 15 years, demonstrating the property's enduring appeal. The current lease, a NNN single-tenant agreement, extends through July 31, 2028, with five additional five-year options, each including a 10% rent increase. The tenant has already exercised two of these options, showcasing their long-term commitment. This property offers a secure, high-yield investment with significant potential for future growth. The permitted zoning is commercial, and the property's APN is 24 20 05 16 3 000 011.006. The asking price is $795,000, translating to a price per square foot of $87.54. This represents a compelling opportunity for investors seeking a stable, high-return retail investment in a desirable location. The property's history of success, coupled with the favorable lease terms and strong tenant, makes this an attractive proposition for both experienced and emerging investors. The property's central location and established tenant base provide a solid foundation for long-term financial success.

Highlights

  • 8.1% cap rate based on current income.
  • 9,082 SF single-tenant Dollar General building.
  • 43,908 SF lot.
  • Centrally located between Montgomery, AL and the Alabama/Florida state line.
  • Dollar General has occupied the property for over 15 years.
  • Lease extends through 2028 with five 5-year options at 10% rent increases.

Property Details for 9650 Main St

Property type
Retail properties, Retail space
Square Feet
9,082 SF
Year Built
2008

Location Insight

City
Brantley
County
Crenshaw
State
Alabama
Latitude
31.579007446841
Longitude
-86.256354826574

FAQs

What type of property is this?
Retail property - High-Yield Retail Investment in Alabama
Where is the retail property located?
The property is located at 9650 Main St Brantley, AL.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: 8.1% cap rate based on current income.; 9,082 SF single-tenant Dollar General building.; 43,908 SF lot.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
9650 Main St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message