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1650 Crescent Ridge Rd NE, 711 E. Park Ave., Tuscaloosa, Enterprise, AL

Dollar General Portfolio

$1,517,647

Key Information

Cap Rate
8.5%
Type
Retail

Highlights

• 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.

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