Dollar General NNN
For Sale
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7882 Upper River Rd, Tallassee, AL 36078
Freestanding retail building positioned at the corner of Upper River Road and Red Hill Rd.
Property Size9,002 SF
Price / SF$240.65
Days on Market190
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Property Features for 7882 Upper River Rd
General Information
Standard status
Active
Size
9,002 SF
Total Parking Spaces
20
Property subtype
Retail
Occupancy
100%
Lease Type
Absolute Net
Investment Type
Net Lease
Net Operating Income
$139,728
Additional Details
Corner Location
Yes
Building Details
Year Built
2026
Buildings
1
Stories
1
Units
1
Tenancy
Single
Listing Agency:
Randall Commercial Group, LLC
Listed By:
Elizabeth Randall · License #MS 19734
(662) 234-4043
Source:
Crexi
Added: Apr 9
Changed: Oct 6
Last Checked: Oct 14 at 9:03PM
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 Randall Commercial Group, LLC
Investment Insights
Based on property information with market context.
Built in 2026, this freestanding Dollar General retail property occupies the intersection of Upper River Road and Red Hill Rd. The store is leased under a 15-year NNN agreement with 5% rent increases every 5 years during the preliminary term and each option period. Rent commencement is scheduled for March 12, 2026.
The property serves the southern Tallassee and Red Hill area and is located in Tallassee, Alabama, within Elmore County. Dollar General is identified in the source information as holding an S&P “BBB” credit rating. The corner placement and established neighborhood-serving retail use provide clear physical and operational context for the asset.
The property serves the southern Tallassee and Red Hill area and is located in Tallassee, Alabama, within Elmore County. Dollar General is identified in the source information as holding an S&P “BBB” credit rating. The corner placement and established neighborhood-serving retail use provide clear physical and operational context for the asset.
Key Highlights
- Dollar General retail property built in 2026
- 15‑year NNN lease structure
- 5% increases every 5 years during the preliminary term and each option
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$107,073
Cap Rate
4.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,141,460
$2.1M
Cap Rate 7%
$1,529,614
$1.5M
Cap Rate 9%
$1,189,700
$1.2M
Market Conditions
NOI Build-Up for 9,002 SF
Gross rent
$151.2K $16.80/SF
− Vacancy
−$8.5K −$0.94/SF
EGI
$142.8K $15.86/SF
− OpEx
−$35.7K −$3.96/SF
NOI
$107.1K $11.89/SF
Area
Elmore County, AL
Vacancy
5.60%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,141,460
Cap Rate 7%
$1,529,614
Cap Rate 9%
$1,189,700
Alternative Uses
Best Use
Specialty Retail
$1.53M
$1.34M – $1.78M
NOI $107,073 @ 7.0% cap · market cap 4.94%
Second Best
Retail
$1.43M
$1.25M – $1.67M
NOI $99,935 @ 7.0% cap · market cap 4.61%
Theoretical Best
Office A
$1.87M
$1.63M – $2.18M
NOI $130,666 @ 7.0% cap · market cap 6.03%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
23
Businesses Nearby
Explore this area
Business Placement
Demographics for 36078, AL
13,604
Population
5,991
Households
2.3
Avg Household Size
42
Median Age
18%
College-Educated
91%
High-School Grad
177.4 sq mi
ZIP Area
77
Density / Sq Mi
$67,700
Median Household Income
$41,310
Median Earnings
$842
Median Rent
$175,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
NNN property - Freestanding retail building positioned at the corner of Upper River Road and Red Hill Rd.
Where is this nnn property located?
The property is located at 7882 Upper River Rd Tallassee, AL.
What is the asking price?
The asking price for this property is $2,166,326.
What are key features of this property?
This property features: Dollar General retail property built in 2026; 15‑year NNN lease structure; 5% increases every 5 years during the preliminary term and each option
