Dollar General 603 S Wilson Ave Local commercial 845 m² À vendre Mobile, AL 36617 1 007 171 € (1 191,33 €/m²) Taux de capitalisation 8,25 %

LOW RENT & PRICE POINT
• The subject property has a low rent $95,011 ($10.44/SF) that equates to a low price of $1.15M.
INVESTMENT GRADE TENANT (S&P: BBB) WITH 21,000 LOCATIONS
• Dollar General is a publicly traded (NYSE: DG) Fortune 500 company with an S&P investment grade credit rating of BBB.
• Currently over 21,000 locations and plans to open 750 stores in 2025.
• Dollar General has been in business for 80 years and has a current net worth of over $18.16B.
POSITIONED IN THE HEART OF MOBILE | 5 MI. POP: 104,467
• This Dollar General is located in the heart of Mobile, AL.
• 5 MI Population is 104,467, which has superior demographics compared to most Dollar Generals on the market.
• This Dollar General is ideally situated off S. Wilson Ave., near Highway 54, a major thoroughfare that provides direct access to historic downtown Mobile.
MOBILE, AL
• Mobile is the fourth most populous city in AL with over 205,000 residents.
• The Port of Mobile is the 11th largest port in the US, handling an excess of 55 million tons of cargo annually and generates 313,000 jobs per year.
• Mobile Aeroplex at Brookley is the largest industrial transportation complex in the region with approximately 70 companies and 3,600 employees.
• Home to multiple colleges and universities including the University of South Alabama (13,463 Students), University of Mobile (1,112 Students), Spring Hill College (989 Students) and more.
CORPORATE NNN LEASE GUARANTEED BY DOLLAR GENERAL
• Dollar General signed a 15-year, corporate-guaranteed NNN lease that commenced in April 2013.
• There are 3 years remaining on the primary lease term.
• Tenant is 100% responsible for all expenses, including taxes, insurance, roof & structure.
• There are 10% rent increases in each of the five, 5-year option periods.