Dollar General - Birmingham, AL

The subject property is a corrugated metal construction. The tenant has more than five years currently remaining on the double net-lease that expires April 30, 2021. The lease is corporately guaranteed by Dollar General has has one more five-year renewal option remaining with $3,000 rental increase.

The property is located in a dense retail marketplace. Other retailers in the vicinity include McDonald's, Burger King, Taco Bell, CVS, Family Dollar, T-Mobile, Footlocker and others.

Based out of Goodlettsville, Tennessee, Dollar General is the nation's largest small-box discount retailer. Founded in 1939, Dollar General currently operates over 12,000 stores in 43 states. Dollar General often serves communities that are to small to support a Walmart store. Dollar General makes shopping for everyday needs simpler and hassle-free by offering a carefully edited assortment of the most popular brands at low prices in small convenient locations. They rank among the largest retailers of top-quality brands made by America's most trusted manufactures, such as Procter & Gamble, Kimberly Clark, Unilever, Kellogg's, General Mills and Nabisco.

Additional Info

  • Address: : 2314 Warrior Road, Birmingham, AL 35208
  • Price: : $625,000
  • Net Rentable Area: : 9,372
  • Lot Size (Acres): : 1.10
  • CAP Rate: : 9.12%
  • Price Per Sqft: : $69.50
  • NOI: : $57,000
  • Year Built: : 2000
  • Status: : Available

What Clients Are Saying                                     

"I want to thank for your part in helping us achieve our sale leaseback goals for 2009. We are pleased with the balance you helped us achieve between sales price, rent and overall cap rate. I would not hesitate to recommend you and your firm to other potential clients. Feel free to use me as a reference."
Joe Cirelli/The Pep Boys Manny, Moe & Jack

Contact Us

NNN Deal
in association with Marcus & Millichap

16830 Ventura Blvd. Suite 100
Encino, CA 91436

Lior Regenstreif
First Vice President, Investments
Senior Director, National Retail Group
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Rebekah Zweiban Wallack

Senior Research Analyst
Special Projects Coordinator
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