Available Properties
Dollar General – Talladega, AL
- 20 Mountain View Rd, Talladega, AL 35160
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:
- $924,461
- 7.80%
- 5.8 years
- Absolute NNN
- Corporate Guarantee
Highlights
- Property has a NNN Lease with No Landlord Responsibilities (Tenant is Responsible for all Maintenance of the Roof / HVAC / Parking Lot)
- Lease is Corporately Guarantee by Dollar General Corporation
- Dollar General is a Publicly Traded Company (NYSE: DG) with an S&P Investment Grade Rating: BBB
- Dollar General has over 21,000 Locations Nationwide and is one of the most recession-resistant and reliable tenants in the Net Lease Market
- Site is near many national retailers like Walmart, Tractor Supply, CVS, McDonald’s, Dollar Tree, Walgreens, Sonic, Sherwin-Williams, KFC & more
- Site is ~2 miles south of Baptist Health Citizens Hospital (122 beds; >300 staff, 60 physicians)
- MSA Population: ~97,000 residents
- Near Honda Manufacturing of Alabama (Lincoln, Talladega County): ~4,900 employees; regional economic impact of ~$12 billion annually
- Talladega is home to the Talladega Superspeedway Talladega Superspeedway: Generates ~$420– 434 million per year in local spending; seats 80,000
Sale Description
AMC Real Estate Investment Services is pleased to offer for sale this corporately guaranteed Dollar General in Talladega, Alabama. This NNN-leased asset offers over 6 years of remaining term with zero landlord responsibilities, backed by Dollar General’s investment-grade credit. Priced under $1 million, the property is positioned in a strategic employment and tourism hub anchored by Honda Manufacturing and the Talladega Superspeedway, delivering reliable income in a growing market.
Location
Demographics
| Radius from site | population | average income |
|---|---|---|
|
3 Mile |
11,964 |
$52,078 |
|
5 Mile |
17,318 |
$49,263 |
|
10 Mile |
26,348 |
$50,923 |
