Dollar General NNN Property For Sale — Phenix City, AL · 9,100 SF
Phenix City, AL 36869
This Dollar General property in Phenix City, Alabama, offers an attractive investment opportunity. Built in 2015, the 9,100 SF store is situated on a 1.12-acre corner lot, strategically located just off Crawford Rd (U.S. 80 & AL 9), a major commercial thoroughfare for Phenix City and Columbus, Georgia. The location benefits from high traffic counts of approximately 27,443 vehicles per day. The property is positioned within 3 miles of downtown Phenix City and 4 miles of downtown Columbus, serving a 5-mile population of over 81,611 residents with an average household income of $68,466. The lease is an absolute NNN with approximately 4.67 years remaining on the initial 15-year term, and features five 5-year renewal options, each with a 10% rent increase. There are no landlord responsibilitie…
- Address: Phenix City, AL 36869
- Asking price $1.23M
- 7.50% cap rate
- NOI $91,875
- 4.67 years remaining
- NNN lease
- Year built: 2015
- Building size: 9,100 SF
- Lot size: 1.12 acres
- Lease expiration: Mar 5, 2026
- Rent increases: 5 year renewal - 10% rent increase; 5 year renewal - 10% rent increase; 5 year renewal - 10% rent increase; 5 year renewal - 10% rent increase; …
- Guarantor: Corporate
Location
This Dollar General property is in Phenix City, Alabama.
Asset type: Retail - Freestanding