22023 Al-99Elkmont, AL 35620

This exceptional investment opportunity presents a brand-new, 12,687-square-foot Dollar General Market store located at 22023 AL-99, Elkmont, Alabama 35620, within Limestone County. The property boasts a strong 6.75% cap rate and a compelling asking price of $2,425,067, translating to $191.15 per square foot. Secured by a corporate guarantee, the absolute NNN lease features a 15-year initial term commencing August 25, 2024, and expiring August 25, 2039, with a substantial remaining term of approximately 14.8 years. The lease includes attractive 5% rent increases every five years, ensuring consistent income growth. The property's Net Operating Income (NOI) is $163,682 annually. This single-tenant, single-story building was constructed in 2024 and enjoys 100% occupancy. The property's location in the north-central region of Alabama offers excellent visibility and accessibility. This is a turnkey investment with a proven tenant and a secure, long-term lease structure. The property is a free-standing building.