Dollar General

Investment Overview

Exclusive Realty is pleased to present an exceptional Absolute NNN Dollar General investment opportunity in Theodore, Alabama, located in Mobile County within the greater Mobile metropolitan area. The property is positioned in a well-established retail and residential trade area with convenient access to major local roadways, surrounding neighborhoods, and the broader Mobile market. Theodore offers a variety of everyday amenities, including grocery stores, restaurants, convenience stores, banks, schools, churches, healthcare providers, automotive services, retail businesses, and community services. The area also benefits from its proximity to Mobile’s extensive shopping, dining, entertainment, healthcare, education, port, and employment amenities. This location provides an attractive combination of essential retail demand, regional accessibility, and exposure to the economic activity of southwest Alabama. Dollar General is one of the nation’s largest discount retailers, operating approximately 21,000 locations and serving communities with affordable groceries, snacks, household essentials, cleaning products, paper goods, health and beauty products, pet supplies, seasonal merchandise, hardware, basic apparel, and everyday convenience items. The Theodore market benefits from its location within the Mobile metropolitan area, established residential neighborhoods, nearby industrial and employment centers, and demand for convenient value-oriented shopping. The Absolute NNN lease structure is designed to provide truly passive ownership, with the tenant generally responsible for real estate taxes, insurance, maintenance, repairs, and other property-level operating expenses, subject to the specific lease documents. The property has been marketed with a corporate Dollar General guarantee, contractual rent increases, and a larger Dollar General Plus prototype, offering investors the potential for long-term income backed by a nationally recognized essential retailer.

Investment Highlights

• Absolute NNN Dollar General investment opportunity designed to provide truly passive ownership
• Larger Dollar General Plus prototype
• Theodore is located within the Mobile MSA
• Convenient access to Laurendine Road, Bellingrath Road, U.S. Highway 90, and Interstate 10
• Serves Theodore and surrounding communities throughout southwest Mobile County
• Strong regional economy supported by port activity, logistics, manufacturing, healthcare, retail, education, tourism, and professional services
• Proximity to the Port of Mobile and the greater Mobile industrial and logistics market