Investment Overview
Randall Commercial Group, LLC is pleased to exclusively offer this brand new, free-standing Dollar General located in Clanton, AL. The subject property has a 15-year, NNN lease with 5% increase every 5 years during the preliminary term and each option, and a rent commencement date of July 3, 2026. This Dollar General is ideally located at on Alabama Hwy 145, just off I-65. Clanton, AL sits exactly halfway between Birmingham and Montgomery, which makes it a critical logistics hub and a primary "bedroom community" for commuters from both metros who seek lower property taxes and a suburban lifestyle. The Clanton Dollar General also benefits from its location on AL Hwy 145 as it is the primary route connecting the Clanton and I-65 to the western shores of Lake Mitchell and the Lay Dam area. Dollar General is an investment-grade tenant with a Standard & Poor’s “BBB” credit rating.
Investment Highlights
- 15-Year NNN Lease with Five (5), Five (5) Year Options
- 5% Increases Every 5 Years During Primary Term & Renewal Options
- Corporate Guarantee by Dollar General Corporation
- Property is located just off I-65 on Hwy 145, exactly halfway between Birmingham and Montgomery
- Hwy 145 serves as the primary route connecting the city of Clanton and I-65 to the western shores of Lake Mitchell and the Lay Dam area
- Higgins Ferry Park & Marina is located just minutes from the property via Hwy 145
- Higgins is Lake Mitchell's most popular public access point, featuring boat ramps, a swimming beach, and a pavilion
- Clanton serves as a “bedroom community” for Birmingham and Montgomery
- Sources: Google Gemini; Chilton County Chamber; Outdoor Alabama; Business Alabama