Building Details

Year Built 2024

Listing Agency: Fortis Net Lease

Listed By: Robert Bender · License #6501323470 Show Phone

Source: Fortisnetlease

Added: Nov 21, 2025 Changed: Oct 15 Last Checked: Oct 14 at 9:13PM

Report an Issue

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

Ask AI about this property

Review the available facts, identify missing information and prepare questions for the agent.

What should I ask the agent before proceeding? What information is missing from this listing?

Investment Insights

Based on property information with market context.

This 10,500 square foot retail property is located in Andalusia, Alabama. The property is under a ten-year double net lease, offering minimal landlord responsibilities. The lease is corporately guaranteed by Dollar Tree Corporation, which holds a credit rating of "BBB". The store is strategically positioned along Straughn School Road in Andalusia. The surrounding area has a ten-mile population of 20,770, with an average household income of $65,824. The property opened in Q2 2024. The lease is guaranteed by Dollar Tree Corp. Andalusia is a city in southern Alabama, serving as the county seat of Covington County. It has a population of approximately 8,900 people and a diverse economic base including manufacturing, agriculture, and retail. The city offers historical landmarks, parks, and local businesses, with annual events and festivals celebrating its heritage. Recreational opportunities are available through parks, lakes, and outdoor activities.

Key Highlights

• Investment Grade Credit Tenant: Backed by Dollar Tree Corporation (S&P: BBB), guaranteeing the lease.
• New Construction: Built and opened in Q2 2024.
• 10‑Year Double Net (NN) Lease: Enjoy stable, long‑term income with minimal landlord responsibilities.

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence

Open Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Electrical Service Auto Repair Shop Discount Store Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

13

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 36421, AL

9,166

Population

4,769

Households

1.9

Avg Household Size

44

Median Age

17%

College-Educated

89%

High-School Grad

213.4 sq mi

ZIP Area

43

Density / Sq Mi

$63,781

Median Household Income

$37,750

Median Earnings

$772

Median Rent

$156,400

Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

Frequently Asked Questions

What type of property is this?

Storefront property - New construction retail property in Andalusia, Alabama, available for lease.

Where is this storefront property located?

The property is located at 25332 Straughn School Road Andalusia, AL.

What is the lease rate?

The lease rate is $1,482,353.

What are key features of this property?

This property features: Investment Grade Credit Tenant: Backed by Dollar Tree Corporation (S&P: BBB), guaranteeing the lease.; New Construction: Built and opened in Q2 2024.; 10‑Year Double Net (NN) Lease: Enjoy stable, long‑term income with minimal landlord responsibilities.