Dollar General NNN Retail
For Sale
Contact for pricing
1078 Alabama Street, Carrollton, GA 30117
Upgraded retail store leased on an absolute NNN basis with corporate backing and scheduled contractual rent increases.
Property Size9,002 SF
Days on Market144
Property Features for 1078 Alabama Street
General Information
Standard status
Active
Size
9,002 SF
Property subtype
Retail
Net Operating Income
$103,170
Additional Details
Cap Rate
6.6%
Traffic Count
10,880 vehicles/day
Building Details
Tenancy
Single
Listing Agency:
Fortis Net Lease
(248) 419-3810
Listed By:
Bryan Bender · License #MI 6501319610
Source:
Crexi
Added: Apr 10
Changed: Aug 31
Last Checked: Aug 31 at 2:15AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Fortis Net Lease
Investment Insights
Based on property information with market context.
This 9,002-square-foot upgraded Dollar General store at 1078 Alabama Street is subject to a 15-year absolute NNN lease, placing landlord responsibilities at zero under the stated lease structure. Rent began on June 18, 2014, and the agreement includes a 3% increase in year 11 of the initial term, followed by five-year renewal options with 10% increases. Dollar General Corporation provides the corporate guarantee and carries a BBB credit rating identified as investment grade.
The property is positioned on Alabama Street in Carrollton, Georgia, with reported traffic of 10,880 cars per day. The surrounding five-mile population exceeds 42,800, while the one-mile median household income exceeds $35,900 annually. The offering conveys fee simple ownership of an operating retail location with an established national tenant and defined lease terms.
The property is positioned on Alabama Street in Carrollton, Georgia, with reported traffic of 10,880 cars per day. The surrounding five-mile population exceeds 42,800, while the one-mile median household income exceeds $35,900 annually. The offering conveys fee simple ownership of an operating retail location with an established national tenant and defined lease terms.
Key Highlights
- 9,002 SF upgraded Dollar General store
- 15‑year absolute NNN lease with zero landlord responsibilities
- 3% rental increase in year 11 of the primary term
Property Analytics
Property Profile
Current Use
Lease Details
10,880 VPD
Traffic count
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
199
Businesses Nearby
13k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Dollar General
Shops & Services
6,629 visits/mo
0.1 miles
Citgo
Shops & Services
4,601 visits/mo
0.1 miles
Valero Energy
Shops & Services
1,699 visits/mo
0.2 miles
Texaco Station
Shops & Services
396 visits/mo
0.1 miles
Demographics for 30117, GA
37,644
Population
15,313
Households
2.5
Avg Household Size
34
Median Age
29%
College-Educated
85%
High-School Grad
108.1 sq mi
ZIP Area
348
Density / Sq Mi
$58,463
Median Household Income
$31,273
Median Earnings
$1,066
Median Rent
$239,600
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Upgraded retail store leased on an absolute NNN basis with corporate backing and scheduled contractual rent increases.
Where is this nnn property located?
The property is located at 1078 Alabama Street Carrollton, GA.
What are key features of this property?
This property features: 9,002 SF upgraded Dollar General store; 15‑year absolute NNN lease with zero landlord responsibilities; 3% rental increase in year 11 of the primary term
