Multi-tenant Dollar General | Value add

Investment Overview

Exclusive Realty is pleased to present a NN Dollar General with an additional vacant retail space for sale on Highway 72 in Stevenson, Alabama. This versatile property offers a stable, long-term lease with Dollar General Corporation (NYSE: DG)—a nationally recognized essential retailer—alongside a vacant retail unit that provides added income potential or expansion opportunity. Located along one of Stevenson’s primary commercial corridors, the property benefits from excellent visibility, strong traffic counts, and accessibility to surrounding residential neighborhoods and regional employers. The combination of a dependable national tenant and additional leasable space makes this an attractive investment for both stability and future upside.

Investment Highlights

• Owner recently invested $125k into the roof, facade, parking lot, and interior
• Significant upside potential
• 2,800 SF of vacant space ready to lease
• Below market rent - DG's lease expires in 3 years providing considerable rental upside
• Billboard company has offered to install a billboard that would increase the NOI by $6,000
• Pro-forma cap rate of 12% with billboard and lease-up of vacant space at $6.4 /sf