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1470 County Road 715 SW, Cullman, AL, 35055

Dollar General

$1,412,888

Key Information

Cap Rate
7%
Tot. SF
9,100
Lot Size
1.5 Acres
Term Remaining
±9 Yrs
Type
Retail

Highlights

• Zero landlord responsibilities.
• Approx. eight (±9) years remaining in the initial term of the lease with five (5) renewal periods of five (5) years each.
• Rent will increase by 10% in each renewal option.
• Approx. ±21,000 locations with plans for future expansion.
• Investment Grade Credit Rating “BBB” (S&P)
• 34 consecutive quarters of sales growth.
• Proven track record as an essential retailer + recession resistant tenant – historically profitable during downturns in the U.S. economy.
• Strategically positioned on HWY 31 and 24th St SE, seeing over 13,000+ VPD with HWY 31 being one of the main thoroughfares through Cullman.
• The property is surrounded by 45+ industrial buildings, with distribution centers being the main property use as well as a Tyson Food Mill all within 1 mile from the property, driving daily consumer traffic.
• The property is surrounded by nationally recognized retailers like Walmart, Chick-fil-A, Buffalo Wild Wings, Starbucks, McDonald’s, Firehouse Subs, and many more.

Photos

Location

Agents

Broker of Record

Hutt Cooke

License # 000168807-0, 000110253 - 0 (AL)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203