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101 Sardis Road, Gardendale, AL, 35071

DG Market

$1,436,211

Key Information

Cap Rate
7.25%
Tot. SF
10,566
Lot Size
2.21 Acres
Year Built
2019
Term Remaining
± 8 Years
Type
Retail
NOI
$104,125

Highlights

  • Relocation store from a previously existing site within the market
  • Relocation stores confirm proven locations with above average sales from an established customer base
  • 2019 Built-to-Suit construction for Dollar General Market
  • Larger 10,566 SF Dollar General Market PLUS prototype 
  • ABS NNN lease with ZERO landlord responsibilities
  • Nearby national tenants include McDonalds, Walmart Supercenter, Tractor Supply, Chipotle, Publix, Starbucks, Wells Fargo, Longhorn Steakhouse, Taco Bell, and many more
  • Gardendale is located a short 15-miles north of Birmingham
  • Extremely strong average household income of $112,333, proving an affluent surrounding community to support the store
  • Dollar General operates ±21,000 locations and plans to continue their expansion for the foreseeable future
  • Dollar General has an investment-grade credit rating of BBB (S&P)
  • Dollar General was considered an essential retailer and has proven to be one of the most profitable companies through the COVID-19 pandemic
  • Dollar General has a market cap of ±25 billion

Photos

Location

Agents

Broker of Record

Hutt Cooke

License # 000168807-0, 000110253 - 0 (AL)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203