DOLLAR GENERAL | PRATTVILLE, ALABAMA



INVESTMENT SUMMARY

Purchase Price
$1,015,000

Location
601 McQueen Smith Rd N

Annual Rent
$69,600.00

Building Size
9,020 SF

Land Area
0.96 Acres

Ownership
Fee Simple

Lease Type
NN

Term Remainning
8 Years

LEASE EXPIRATION
05/31/2029

Renewal Options

RENT INCREASES
8% in 2026 & 10% at Options

Parking
35 Spaces

Year Built
2003

APN
19 06 13 1 000 001.001

Traffic Counts
11,841 VPD
INVESTMENT HIGHLIGHTS
DOLLAR GENERAL CORPORATE LEASE:
- Approximately 8 Years Remaining in the Current Lease Term
- 2003 Construction - 9,020 SF
- Three (3) - Five (5) Year Option Periods with 10% Rental Increases
NN LEASE | MINIMAL LANDLORD RESPONSIBILITIES:
- Landlord Responsibilities Limited to Roof, Structure, HVAC & Parking Lot
- Tenant Pays for ALL Operating Expenses, Insurance & Property Taxes
DISTANCE TO OTHER MAJOR CITIES:
- Montgomery, Alabama | 13 Miles - 21 Minute Drive
- Auburn, Alabama | 69 Miles - 1 Hour: 15 Minute Drive
- Tuscaloosa, Alabama | 89 Miles - 1 Hour: 35 Minute Drive
- Columbus, Georgia | 97 Miles - 1 Hour: 43 Minute Drive
- Atlanta, Georgia | 175 Miles - 2 Hour: 47 Minute Drive
- Pensacola, Florida | 177 Miles - 2 Hour: 50 Minute Drive
TRADE AREA DEMOGRAPHICS:
- 1-Mile Population = 8,350 Residents
- 1-Mile Average Household Income = $96,613
- 3-Mile Population = 29,244 Residents
- 3-Mile Average Household Income = $84,248
- 5-Mile Population = 50,533 Residents
- 5-Mile Average Household Income = $80,389
- 7-Mile Population = 67,365 Residents
- 7-Mile Average Household Income = $81,344
TENANT:
- Dollar General (NYSE: DG) Features Investment Grade Credit "BBB" by Standard & Poor's
- 17,426 Stores in 46 States as of April 30, 2031
- Dollar General Achieved Their 31st Consecutive Year of Positive Same-Store Sales Growth in 2020
- Ranked #91 on the Fortune 500 List - Up 21 Spots from Last Year (Dollar General has Moved Up the Fortune 500 Rankings for 12 Consecutive Years)