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101 Sardis Road, Gardendale, AL, 35071

Dollar General

$1,436,211

Key Information

Cap Rate
7.25%
Tot. SF
10,566
Lot Size
2.21 Acres
Year Built
2019
Term Remaining
± 8 Years
Type
Retail
NOI
$104,125

Highlights

• Relocation store from a previously existing site within the market
• Relocation stores confirm proven locations with above average sales from an established customer base
• 2019 Built-to-Suit construction for Dollar General
• Larger 10,566 SF Dollar General PLUS prototype
• ABS NNN lease with ZERO landlord responsibilities
• Nearby national tenants include McDonalds, Walmart Supercenter, Tractor Supply, Chipotle, Publix, Starbucks, Wells Fargo, Longhorn Steakhouse, Taco Bell, and many more
• Gardendale is located a short 15-miles north of Birmingham
• Extremely strong average household income of $112,333, proving an affluent surrounding community to support the store
• 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)

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