Dollar General Convenience
1226 Henderson Hwy, Troy, AL 36079
For Sale
Contact for pricing
The single-tenant property has an absolute NNN lease with a corporate guaranty.
Property Size7,489 SF
Lot Size1.92 Acres
Price / SF$143.19
Days on Market11
Property Features for 1226 Henderson Hwy
General Information
Standard status
Size
Lot size
Property subtype
Net Operating Income
Financials
Asking Price
Cap Rate
Additional Details
Tenant in Place
Building Details
Year Built
Buildings
Tenancy
Listing Agency:
AMC Real Estate Investment Services
Listed By:
Corbin Montpas · License #6501448006
Source:
Crexi
Added: Oct 30
Changed: Nov 8
Last Checked: Nov 8 at 6:05PM
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 AMC Real Estate Investment Services
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 7,489-SF Dollar General store was completed in 2018 on a 1.92-acre parcel. The single-tenant property is subject to an absolute NNN lease, with Dollar General Corporation providing the corporate guarantee. The lease has approximately 6 years remaining on its initial 15-year term and includes five additional five-year options with 10% increases.
Located at 1226 Henderson Hwy in Troy, Alabama, the property has 200 feet of frontage. Troy is described as a university and manufacturing town, with Troy University, Lockheed Martin, and KW Plastics identified as local anchors.
Located at 1226 Henderson Hwy in Troy, Alabama, the property has 200 feet of frontage. Troy is described as a university and manufacturing town, with Troy University, Lockheed Martin, and KW Plastics identified as local anchors.
Key Highlights
- 7,489 SF building completed in 2018
- Situated on 1.92 acres with 200 feet of frontage
- Absolute NNN lease with a corporate guarantee from Dollar General Corporation
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
49
Businesses Nearby
6k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Dollar General
Shops & Services
5,747 visits/mo
0.1 miles
Demographics for 36079, AL
9,624
Population
4,610
Households
2.1
Avg Household Size
38
Median Age
30%
College-Educated
86%
High-School Grad
187.5 sq mi
ZIP Area
51
Density / Sq Mi
$57,551
Median Household Income
$35,144
Median Earnings
$969
Median Rent
$166,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - The single-tenant property has an absolute NNN lease with a corporate guaranty.
Where is this grocery and convenience store located?
The property is located at 1226 Henderson Hwy Troy, AL.
What is the asking price?
The asking price for this property is $1,072,327.
What are key features of this property?
This property features: 7,489 SF building completed in 2018; Situated on 1.92 acres with 200 feet of frontage; Absolute NNN lease with a corporate guarantee from Dollar General Corporation
