Freestanding Single-Tenant NNN
For Sale
Contact for pricing
Pending
3250 Fowl River Rd, Theodore, AL 36582
Six newly constructed 2017 Dollar General Plus retail buildings are offered on an absolute triple-net basis.
Property Size61,084 SF
Days on Market148
Property Features for 3250 Fowl River Rd
General Information
Standard status
Pending
Size
61,084 SF
Property subtype
Retail
Building Details
Year Built
2017
Tenancy
Single
Listing Agency:
Cambridge Capital Advisors
Listed By:
Bryan Gitlin · License #MA 9514245
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Sep 1 at 5:23AM
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 Cambridge Capital Advisors
Investment Insights
Based on property information with market context.
This for-sale portfolio consists of six freestanding, single-tenant, absolute triple-net (NNN) retail properties operating as Dollar General Plus stores. Newly constructed in 2017, the buildings total approximately 61,084 SF across the portfolio. Each asset is built with a block front facade and metal on the remaining three sides of the building.
The portfolio is located in Alabama, offered as fee simple interest. Dollar General’s corporate guarantee supports the properties (S&P: BBB). Lease structure calls for more than 10 years of remaining term on the original 15-year lease, and each location includes five additional five-year options with 10% rent escalators scheduled for each option period.
The portfolio includes four larger-format Dollar General Plus sites, three of which are relocation sites within market, along with two standard, prototypical Dollar General sites that are approximately +/- 9,100 SF each, as described in the offering materials.
The portfolio is located in Alabama, offered as fee simple interest. Dollar General’s corporate guarantee supports the properties (S&P: BBB). Lease structure calls for more than 10 years of remaining term on the original 15-year lease, and each location includes five additional five-year options with 10% rent escalators scheduled for each option period.
The portfolio includes four larger-format Dollar General Plus sites, three of which are relocation sites within market, along with two standard, prototypical Dollar General sites that are approximately +/- 9,100 SF each, as described in the offering materials.
Key Highlights
- Fee simple interest in a 6‑unit Alabama Dollar General Plus portfolio, newly constructed in 2017
- Total approximately 61,084 SF of single‑tenant, free‑standing, investment‑grade retail buildings
- Absolute triple‑net (NNN) leases with Dollar General corporate guarantee (S&P: BBB)
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
49
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 36582, AL
25,903
Population
10,409
Households
2.5
Avg Household Size
40
Median Age
20%
College-Educated
87%
High-School Grad
79.7 sq mi
ZIP Area
325
Density / Sq Mi
$61,498
Median Household Income
$37,043
Median Earnings
$916
Median Rent
$170,400
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Similar Off Market Nearby
- Greer's Market — 10835 Dauphin Island Pkwy, Theodore, AL 36582
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Six newly constructed 2017 Dollar General Plus retail buildings are offered on an absolute triple-net basis.
Where is this grocery and convenience store located?
The property is located at 3250 Fowl River Rd Theodore, AL.
What are key features of this property?
This property features: Fee simple interest in a 6‑unit Alabama Dollar General Plus portfolio, newly constructed in 2017; Total approximately 61,084 SF of single‑tenant, free‑standing, investment‑grade retail buildings; Absolute triple‑net (NNN) leases with Dollar General corporate guarantee (S&P: BBB)
