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108 Lamar St
Roanoke, AL 36274

Dollar General · Retail Property For Sale

Investment Highlights

  • List Price of $2,162,246 yielding a 5.00% Cap Rate
  • RELOCATION STORE: Dollar General relocated from their previous space in the market into this larger building to keep up with consumer demand!
  • NNN Lease: No landlord responsibilities. Excellent long term passive investment (Tenant reimburses taxes)
  • Over 11.75 Years Remaining: On the Primary Term with 10% Rental Increases in each of the Five, 5-Year Options
  • DOLLAR GENERAL PLUS STORE MODEL: Dollar General’s larger & more desirable 10,640 SF store model.
  • Corporate Guarantee: Investment grade credit corporate guarantee by Dollar General Corporation (S&P: BBB)

PROPERTY FACTS

Property Type
Retail
Building Size
10,640 SF
Year Built
2019
Tenancy
Single
Number of Floors
1

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 16-07-26-4-013-005-0000
  • 16-07-26-4-002-014-0000
Land Assessment
£25,088
Improvements Assessment
£166,068
Total Assessment
£191,155
  • Listing ID: 25482167

  • Date on Market: 15/04/2022

  • Last Updated:

  • Address: 108 Lamar St, Roanoke, AL 36274

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