Dollar General NNN Property For Sale — Kellyton, AL
18 Coosa County Rd 133, Kellyton, AL 35089
This Dollar General property offers an attractive investment opportunity with over 9 years remaining on an absolute triple-net lease, ensuring zero landlord responsibilities. The lease features five, five-year option periods, each with 10% rental increases, providing a steady income stream. Located along AL-22 in Kellyton, Alabama, the property serves as the sole general merchandise and everyday needs store in the immediate area, benefiting from a strategic position within a 9-mile radius. Kellyton is situated an hour southeast of Birmingham and two hours southwest of Atlanta, offering convenient regional access.
- Address: 18 Coosa County Rd 133, Kellyton, AL 35089
- Asking price $1.22M
- 7.15% cap rate
- NOI $87,069
- 9 years remaining
- NNN lease
- Building size: 9,100 SF
- Rent increases: 10% rental increases in each option period
- Guarantor: Corporate
Location
This Dollar General property is at 18 Coosa County Rd 133 in Kellyton, Alabama.
Asset type: Retail