Dollar General | 171 Highway 5
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Dollar General 171 Highway 5
9,014 SF Retail Building Jasper, AL 35503 £799,702 (£89/SF) 7.75% Net Initial Yield
Investment Highlights
- Alabama Dollar General - Birmingham MSA
- 9,014 SF Prototype - DG Plans on Significant Remodels of Stores This Size in 2025
- Lower Rent Location - DG is Paying $8.54/PSF in Rent, Significantly Lower Than New Dollar General Rents Across the Nation
- Successfully Operating at Location for 15+ Years
- Signed Lease Extension Early, Showing Commitment to Site
- 20,000+ Residents Within 5 Miles of Subject Property
Executive Summary
In Cooperation With Brian Brockman at Bang Realty-Alabama Inc | AL #119315 | bor@bangrealty.com | (513) 898-1551
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
9,014 SF
Building Class
C
Year Built
2006
Price
£799,702
Price Per SF
£89
Net Initial Yield
7.75%
NOI
£61,977
Tenancy
Single
Number of Floors
1
Building FAR
0.22
Lot Size
0.94 AC
Zoning
SF
Parking
40 Spaces (4.44 Spaces per 1,000 SF Leased)
Frontage
182 ft on Highway 5
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 17-03-05-4-000-020-0000 | Improvements Assessment | £88,677 |
Land Assessment | £6,842 | Total Assessment | £95,519 |
PROPERTY TAXES
Parcel Number
17-03-05-4-000-020-0000
Land Assessment
£6,842
Improvements Assessment
£88,677
Total Assessment
£95,519
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Dollar General | 171 Highway 5
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