Cap Rate
7.25%
$ per SF
$121
Tot. SF
10,640
2501 W Meighan Blvd, Gadsden, AL, 35904
Dollar General
$1,291,531
Key Information
Lot Size
0.92 Acres
Year Built
2016
Term Remaining
± 4.75 Years
Type
Retail
Occupancy
100%
NOI
$93,636
Highlights
• 2016 Built-to-Suit for Dollar General
• Absolute NNN lease with ZERO landlord responsibilities
• Nearby national tenants include AutoZone, Taco Bell, O’Reilly Auto Parts, McDonalds, KFC, CVS Pharmacy, Whataburger, Walmart Supercenter, and many more
• 5-mile population in excess of 43,739 residents
• Corporately guaranteed lease from Dollar General
• Traffic counts in excess of 18,740 vehicles daily
• Dollar General operates ±21,000 locations and plans to continue their expansion for the foreseeable future
• Dollar General has an investment-grade credit rating of BBB (S&P)
• Dollar General was considered an essential retailer and has proven to be one of the most profitable companies through the COVID-19 pandemic
• Dollar General has a market cap of ±25 billion
Photos
Location
Agents
S
Scotty LatimerLicense # 790608 (TX)
Broker of Record
Hutt Cooke
License # 000168807-0, 000110253 - 0 (AL)Matthews Real Estate Investment Services, Inc1600 West End Ave, Ste. 1500 Nashville, TN 37203