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2610 Highway 77
Southside, AL 35907

$1,387,000 USD

Freestanding For Sale  •  10,566 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 10,566 SF
  • Lot Size 11.16 AC
  • Building Class B
  • Year Built 2019
  • Cap Rate 7.00 %
  • Tenancy Single
0 Transit Score
34 Walk Score

Highlights

According to Placer.ai, this Dollar General location is ranked in the top 98th percentile nationwide and top 97th percentile in Alabama.
The property is positioned along the prime corridor of Highway 77, boasting a traffic count of ±15,780 vehicles per day.
Attractive long-term lease of approximately ±10 years with a stabilized investment-grade credit tenant, offering both security and strong investment p
Absolute NNN lease structure provides zero management responsibility, offering an investor with long-term passive income.
Dollar General boasts an investment-grade credit rating of BBB (S&P) and has a market cap of ±$20 billion, providing security behind the lease guarant
Dollar General has ±21,000 locations and plans to continue their expansion for the foreseeable future.
Cap Rate: 7.00 %

Amenities

  • Signage

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 34
Type: Surface
Included in Rent: Yes
Rishi Idnani 909-348-2407 Matthews Real Estate Investment Services
Rishi Idnani 909-348-2407 Matthews Real Estate Investment Services