Investment Overview
Randall Commercial Group, LLC is pleased to exclusively offer for sale this brand new, freestanding Dollar General Market located in Wetumpka, AL. The subject property has a 15-year NNN lease with 5% increases every 5 years and a rent commencement date of August 1, 2025. The property is located on Firetower Road, 16 miles northeast of Montgomery, AL. Dollar General is an investment-grade tenant with a Standard & Poor’s “BBB” credit rating.
Investment Highlights
- NNN Single Tenant Investment Opportunity
- Lease Commencement Date of 8/01/2025
- 15-Year Lease with Five (5), Five (5) Year Options
- 5% Increases Every Five (5) Years of the Initial Term and Per Each Five (5) Year Option
- Corporate Guarantee by Dollar General Corporation - Investment grade tenant with a Standard & Poor's "BBB" credit rating
- Located in Wetumpka, AL, approximately 16 miles northeast from Montgomery, AL
- Wetumpka has experienced steady population growth in recent years, with growth exceeding 10% between 2012 and 2022 (source: datausa.io)