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16710 Ezell Rd, Athens, AL, 35611

Dollar General
$1,317,000

Key Information

Cap Rate
7.1%
Tot. SF
10,640
Year Built
2022
Term Remaining
±11.5 Yrs
Type
Retail

Highlights

  • HIGH-VISIBILITY LOCATION ADJACENT TO SCHOOL – Strategically located at a signalized intersection and directly adjacent to Clements High School, which enrolls approximately 600 students, the property benefits from consistent daily traffic and strong visibility.
  • RAPID MARKET GROWTH – Athens, AL is undergoing substantial population expansion, recording a 17.97% year-over-year increase of new residents, underscoring robust local demand drivers.
  • ABSOLUTE TRIPLE-NET LEASE – The lease structure is fully passive, with zero landlord responsibilities, making this an ideal hands-off investment opportunity.
  • INVESTMENT-GRADE CORPORATE GUARANTEE – The lease is backed by Dollar General Corporation (NYSE: DG), rated “BBB” by S&P, offering reliable creditworthiness and long-term income security.
  • LONG-TERM LEASE WITH OPTIONS – The lease features over 11 years of remaining primary term, complemented by five (5) five-year renewal options, delivering long-term cash flow stability—particularly attractive for 1031 exchange investors.
  • TOP-PERFORMING STORE LOCATION – According to AlphaMap data, this location ranks within the top 20% of all Dollar General stores nationwide, indicating strong in-store performance and customer engagement.
  • PREFERRED STORE FORMAT – The property features Dollar General’s 10,000+ square foot prototype layout, aligning with the retailer’s preferred store design for operational efficiency and product assortment.

Photos

Location

Agents

Broker of Record

Hutt Cooke

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