Cap Rate
8.5%
Type
Retail
1650 Crescent Ridge Rd NE, 711 E. Park Ave., Tuscaloosa, Enterprise, AL
• 4–5+ Years of Lease Term Remaining with five 5-year renewal options and 10% rent increases.
• Demonstrated Tenant Commitment through recently exercised lease extensions.
• Corporate Guarantee from Dollar General (S&P BBB-rated, Fortune 500 company).
• Built-to-Suit NN Leases with limited landlord responsibilities and CAM reimbursements.
• Attractive Rent Growth from 10% increases in both rent and CAM reimbursements during option periods.
• Strong Retail Locations with high visibility, strong traffic counts, and multiple access points.
• Stable Demand Drivers supported by major employers, universities, military presence, and growing residential populations.



