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11286 US Highway 278 W
Attalla, AL 35954

Dollar General · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
9,350 SF
Building Class
C
Year Built
2018
Tenancy
Single
Number of Floors
1
Building FAR
0.11
Lot Size
1.91 AC
Parking
30 Spaces (3.3 Spaces per 1,000 SF Leased)

About 11286 US Highway 278 W , Attalla, AL 35954

NNN LEASE | The lease is NNN, with no landlord responsibilities. The tenant is responsible for maintaining and repairing all aspects of the subject property including the roof, structure parking lots, HVAC, insurance and property taxes. LONG TERM LEASE | There are fourteen (14.1) years remaining on the lease term, plus five (5), five (5) year options. RENT INCREASES | The lease provides for 10% rent increases at each option period. This provides a hedge against potential future inflation. NEW CONSTRUCTION | The building was built in 2016. STRATEGIC DEMOGRAPHICS | The average household income in the three (3) mile demographic ring is $50,229, which fits Dollar General’s target customer base. HIGH TRAFFICKED AREA | US HWY 278 W and Rowan Drive reports traffic counts of 7,580 cars per day. CORPORATE GUARANTEE | The lease is guaranteed by Dollar General Corporation (NYSE: DG), a highly regarded company which has an investment grade credit rating of BBB (S&P) and Baa2 (Moody’s). The company operates over 14,600+ Dollar General locations with 130,000 employees throughout the U.S.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
08-07-25-0-000-040.011
Land Assessment
£3,296
Improvements Assessment
£113,113
Total Assessment
£116,409
  • Listing ID: 13146784

  • Date on Market: 12/07/2018

  • Last Updated:

  • Address: 11286 US Highway 278 W, Attalla, AL 35954

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