Dollar General for Sale in Blountsville, AL
Blountsville, AL
Key Investment Metrics
Price
$550,000
Cap Rate
7.0%
Net Operating Income
$38,586
Building Size
8125 SF
Land Area
4.93 Acres
Lease Type
Modified
Tenant Credit
Corporate Guarantee
Year Built
2004
Tenancy
Single
Rent Increases
$200/mo + 14.3% CAM Per Renewal Option
Property overview
Dollar General in Blountsville
Review the reported property and lease details, then request the supporting documents for your acquisition review.
- Building area
- 8,125 SF
- Land area
- 4.93 acres
- Year built
- 2004
- Lease type
- Modified
Confirm current availability, pricing and lease terms through the inquiry form before relying on this listing.
Before you make an offer
Four things to verify
- 1
Lease and guaranty
Request the executed lease and amendments. Identify the legal tenant, guarantor and landlord obligations.
- 2
Income and expenses
Obtain the rent roll and operating statement supporting the advertised NOI and cap rate.
- 3
Property condition
Review survey, title, condition and environmental information relevant to this property.
- 4
Exchange requirements
For a 1031 exchange, confirm eligibility and deadlines with your qualified intermediary and tax adviser.