907 Nashville Ave Atmore, AL 36502
High-yield, long-term Dollar General investment.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 137
Highlights
- $2,036,040 asking price for a new 2024-built Dollar General.
- 14.8-year remaining lease term (15.1 years total) with an absolute NNN lease structure.
- Credit-rated tenant with corporate guarantee.
- 5% rent increases every 5 years.
- 10,640 square feet on a 0.96-acre lot in Atmore, Alabama.
- 6.75% cap rate with a $137,432 annual net operating income (NOI).
Property Details for 907 Nashville Ave
- Property type
- Retail properties, Grocery and convenience stores
- Square Feet
- 10,640 SF
- Year Built
- 2024
- Buildings
- 1
- Stories
- 1
- Lot Size (sq. ft)
- 41,818 SF
- Units
- 1
Location Insight
- City
- Atmore
- County
- Escambia
- State
- Alabama
- Latitude
- 31.0231672
- Longitude
- -87.5050732
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - High-yield, long-term Dollar General investment.
- Where is the retail property located?
- The property is located at 907 Nashville Ave Atmore, AL.
- What is the asking price?
- The asking price for this property is $2,036,040.
- What are key features of this property?
- This property features: $2,036,040 asking price for a new 2024-built Dollar General.; 14.8-year remaining lease term (15.1 years total) with an absolute NNN lease structure.; Credit-rated tenant with corporate guarantee.
- 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.
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