Investment Overview
Randall Commercial Group, LLC is pleased to exclusively offer this brand new, free-standing DG Market located in Adamsville, 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 May 31, 2024. This DG Market is ideally located along Hazelwood Road. The property benefits from daily traffic driven by its close proximity to the area’s primary public schools, Adamsville Elementary School, Minor Middle School, and Minor High School, all located within an approximate 1.5-mile radius of the site. Adamsville is positioned in western Jefferson County and functions as a vital bedroom community within the stable Birmingham-Hoover MSA. 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
- Located along Hazelwood Road within the community of Longview Estates
- Daily traffic drivers include Adamsville Elementary School, Minor Middle School, and Minor High School, all located within an approximate 1.5-mile radius of the site
- Store location offers built-in consumer base for essential retail
- Adamsville is located just 11 miles northwest of downtown Birmingham and serves as a vital bedroom community within the Birmingham-Hoover MSA
- Adamsville sits right along US-78 and is directly connected to the Interstate 22 corridor, a vital shipping and transit route connecting Birmingham to Memphis
- Sources: Google Gemini, Commercial Café, Data USA