Available Properties
Dollar General – Guntersville, AL
- 8029 Alabama 69, Guntersville, AL 35976
Listing Broker
Angelo Iacobelli
- angelo@amcreis.com
- (586) 200-0044
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Property Details
- Sale Price:
- Cap rate:
- Term Remaining:
- Lease Type:
- Lease Guarantee:
- $737,223
- 8.5%
- --
- --
- Credit Rated, Corporate Guarantee
Highlights
- ±15 Miles from JST's $500M Advanced Manufacturing Facility (Conners Island Business Park)
- Dollar General has operated here since 2004, with 22+ years of occupancy
- Lease runs through 6/30/2031, with a 10% increase in the option
- Directly across from Marshall Medical Center North
- ±13,000 VPD on Alabama 69
- 9.8% population growth in Guntersville from 2020 to 2025
- Average annual household incomes exceed $102K in a 2-mile radius
Sale Description
AMC Real Estate Investment Services is pleased to offer for sale this Dollar General-anchored retail center at 8029 AL-69 in Guntersville, AL. Dollar General has operated here since 2004, with a lease running through June 2031. The property sits on Alabama 69, which carries ±13,000 cars per day, directly across from Marshall Medical Center North in Guntersville, the Marshall County seat. It is offered at $737,223, an 8.50% cap rate, and is ideal for a 1031 exchange buyer.
Location
Demographics
| Radius from site | population | average income |
|---|---|---|
|
3 Mile |
4,448 |
$98k |
|
5 Mile |
12,854 |
$92.5k |
|
10 Mile |
43,069 |
$84.5k |
