Dollar General - NNN Net Lease Property for Sale
Semmes, AL
Key Investment Metrics
Price
$2,790,000
Cap Rate
5.0%
Net Operating Income
$139,500
Building Size
2325 SF
Lot Size
10,640 SF
Land Area
0.78 Acres
Year Built
2023
Occupancy
100%
Tenancy
Single
Rent Increases
10% Increases Beg. of Each Option
About This Dollar General Net Lease Property
This Dollar General NNN (triple net lease) property is located in Semmes, AL and represents an excellent investment opportunity for commercial real estate investors. The property features 2325 square feet of building space and was built in 2023.
With a cap rate of 5.0%, this Dollar General net lease property offers stable income potential. The asking price is $2,790,000, making it an attractive option for 1031 exchange investors seeking quality Dollar General commercial properties.
Why Invest in Dollar General NNN Properties?
- Stable Income: Dollar General net lease properties provide predictable cash flow with minimal landlord responsibilities.
- Strong Tenant: Dollar General is a nationally recognized brand with proven operational success.
- 1031 Exchange Eligible: This property qualifies for 1031 tax-deferred exchanges, allowing investors to defer capital gains taxes.
- Triple Net Lease: The tenant is responsible for property taxes, insurance, and maintenance, reducing landlord obligations.
Semmes, AL Market Overview
Located in Semmes, AL, this Dollar General property benefits from strong local demographics and market fundamentals. The Semmes area offers excellent visibility and accessibility, making it an ideal location for Dollar General operations and a solid investment for net lease property buyers.