Investment Overview
Exclusive Realty is pleased to present an attractive Absolute NNN Dark Dollar General investment opportunity in Prichard, Alabama, offering investors the opportunity to acquire a nationally recognized retail asset with a highly passive ownership structure. The property is located in the Mobile metropolitan market, providing convenient access to Interstate 165, Interstate 65, downtown Mobile and the Port of Mobile. The available property information identifies the asset as a 9,026-square-foot freestanding Dollar General building on approximately 0.85–0.99 acres, with the current lease extending into 2036 and five-year renewal options. The Absolute NNN structure places property-level operating responsibilities with the tenant, subject to the lease, while the dark-store format provides investors with the opportunity to acquire a net-lease asset without relying on day-to-day retail operations at the property.
Prichard benefits from its position within the greater Mobile County trade area, surrounded by established residential neighborhoods, commercial businesses and industrial employment centers. The location is approximately four miles from the Port of Mobile, a major Gulf Coast logistics and shipping hub, while nearby I-165 and I-65 provide connectivity throughout Mobile and the surrounding region. Area amenities include grocery and convenience retailers such as Greer's CashSaver, DG Market and J&J Grocery, as well as 8 Mile Shopping Center, restaurants including Puddin’s Place and The Tree Bar-B-Que and Lounge, and numerous schools, parks, municipal services and healthcare providers. The broader Mobile market adds extensive shopping, dining, medical, educational, entertainment, employment and transportation amenities, creating a diversified regional economy anchored by the Port of Mobile, manufacturing, logistics, healthcare, aerospace and other major industries.
Investment Highlights
- Dark Dollar General investment providing an opportunity to acquire a net-lease asset independent of current store operations
- Convenient access to U.S. Highway 43, U.S. Highway 45 and Interstate 165
- Approximately 5 miles north of Mobile, connecting the property to a substantially larger metropolitan market
- Prichard Municipal Stadium seats approximately 10,000 and hosts athletic and civic events
- Whistler Historic District adds a distinctive historic and cultural component to the community
- Proximity to the Port of Mobile provides exposure to one of the region's most important transportation and industrial employment centers
- Mobile County continues to benefit from logistics, distribution, manufacturing and port-related investment
- Frito-Lay announced plans for a 25,000-square-foot distribution center in Prichard, strengthening the area's employment and logistics base