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3900 Lower Wetumpka Rd, Montgomery, AL, 36110

Dollar General
Closed

Key Information

Tot. SF
10,566
Year Built
2021
Term Remaining
±10.7 YRS
Type
Retail

Highlights

  • Absolute Triple-Net (NNN) Lease Structure – This property’s absolute triple-net lease eliminates landlord responsibilities, offering a fully passive income stream.
  • Investment-Grade Tenant with Corporate Guarantee – Leased to Dollar General Corporation (NYSE: DG), the asset benefits from a corporate-backed lease supported by Dollar General’s strong investment-grade credit rating of “BBB” (S&P). This provides investors with long-term income security and minimal risk of default
  • Attractive Yield Profile – The lease offers a compelling 9.6% annual return, secured for the remaining ±10.6 years of the primary term, providing strong in-place cash flow.
  • Immediate, Predictable Income – Investor secures a guaranteed $1,159,788 in rental income over the remaining lease term, offering reliable and forecastable returns.
  • Long-Term Flexibility – Current lease allows for stable cash flow today while preserving the ability to reposition, redevelop, or re-lease the asset upon expiration.
  • Redevelopment or Re-Tenanting Potential – Full fee-simple ownership provides the investor with control of the property at the end of the lease term, unlocking value-add or redevelopment opportunities.
  • Strong Demographic Base – The asset is supported by a dense surrounding population of ±49,600 residents, contributing to consistent consumer demand and strong retail fundamentals.
  • Prime Corner Location with Excellent Visibility – Strategically positioned at a signalized intersection, the property offers superior ingress/egress and high daily visibility, enhancing long-term tenant desirability and asset value.

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