1509 Elba Highway Troy, AL 36079

Building Details

Year Built

2026

Listing office LHT Commercial Real Estate, LLC a***@yahoo.com Show Phone

Listing date Jul 10, 2026

Source Crexi

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Investment Insights

Based on property information with market context.

LHT Commercial Real Estate, LLC is pleased to present a brand-new, free-standing Dollar General store for sale. The building is planned as a 9,100-square-foot retail facility and will be delivered with a guaranteed NNN lease structure that includes 5% rent increases every five years.

The lease features a 15-year initial term with five successive 5-year options. The store is scheduled to open in November 2026. The property address is 1509 Elba Highway, Troy, Alabama.

The offering is presented as a stabilized income property with stated yearly rental income of $142,188. The remarks also cite a 6.75% cap rate and a $2,122,209 sales price. Troy is located in the southern part of Alabama, serves as the county seat of Pike County, and is home to Troy University.

Key Highlights

• Brand‑new free‑standing Dollar General store building (Year built: 2026)
• 9,100 SF building
• Guaranteed NNN lease with a 15‑year initial term plus 5 five‑year options

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FAQs

What type of property is this?

Retail space - Brand-new free-standing retail building offered with a guaranteed NNN lease featuring scheduled rent increases.

Where is this retail space located?

The property is located at 1509 Elba Highway Troy, AL.

What is the asking price?

The asking price for this property is $2,106,489.

What are key features of this property?

This property features: Brand‑new free‑standing Dollar General store building (Year built: 2026); 9,100 SF building; Guaranteed NNN lease with a 15‑year initial term plus 5 five‑year options