AMC Real Estate Investment Services

Available Properties

Dollar General – NIXBURG, AL

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Listing Broker

Angelo Lacobelli
Angelo Iacobelli
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Property Details

Highlights

Sale Description

AMC Real Estate Investment Services is pleased to present this Dollar General located in Kellyton, Alabama, offered as part of a 7-property Alabama portfolio. The property operates under an absolute NNN lease with no landlord responsibility and is corporately guaranteed by Dollar General, an investment grade tenant (S&P: BBB). Brand new construction back in 2021 with 9 years of firm lease term remaining, the lease features five, five-year renewal options each with 10% rental increases, providing built in income growth and inflation hedge. Kellyton is a small town in Coosa County in east central Alabama, centrally located between Birmingham, Atlanta, and Montgomery. The store sits along AL-22 and is the only Dollar General within a 9-mile radius with minimal retail competition in the surrounding market. This property is being offered exclusively as part of the 7-property Alabama Dollar General portfolio and will not be sold individually.

Location

Demographics

Radius from site population average income
3 Mile
662
$72.7k
5 Mile
1,345
$76.1k
10 Mile
10,334
$75k

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