Dollar General Plus NNN
For Sale
Contact for pricing
837 Liberty Hill Drive, Evergreen, AL 36401
Recently opened retail facility with a long-term NNN lease structure and multiple extension options.
Property Size10,640 SF
Price / SF$173.46
Days on Market15
Property Features for 837 Liberty Hill Drive
General Information
Standard status
Active
Size
10,640 SF
Property subtype
Retail
Occupancy
100%
Lease Type
Absolute Net
Investment Type
Net Lease
Net Operating Income
$119,964
Financials
Asking Price
$1,845,600
Cap Rate
6.5%
Gross Income
$119,964
Building Details
Year Built
2023
Units
1
Tenancy
Single
Listing Agency:
LHT Commercial Real Estate, LLC
(256) 520-5000
Listed By:
Jonathan Broadway · License #AL 82483
Source:
Crexi
Added: Aug 17
Changed: Aug 29
Last Checked: Aug 29 at 11:22PM
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 LHT Commercial Real Estate, LLC
Investment Insights
Based on property information with market context.
This Dollar General Plus retail property includes a 10,640-square-foot building completed in 2023. The store is subject to an initial 15-year NNN lease term, scheduled to conclude January 31, 2038, followed by five additional five-year options. Each option period includes a 10% rent increase.
The property is located at 837 Liberty Hill Drive in Evergreen, Alabama, the county seat of Conecuh County. Evergreen is positioned in southern Alabama, providing a defined small-market setting for the operating retail store.
The lease carries a 6.5% CAP rate and provides a structured occupancy profile through the current term and extension options. The property combines an established national retail format with a recently completed building and documented lease escalations.
The property is located at 837 Liberty Hill Drive in Evergreen, Alabama, the county seat of Conecuh County. Evergreen is positioned in southern Alabama, providing a defined small-market setting for the operating retail store.
The lease carries a 6.5% CAP rate and provides a structured occupancy profile through the current term and extension options. The property combines an established national retail format with a recently completed building and documented lease escalations.
Key Highlights
- Dollar General Plus retail property at 837 Liberty Hill Drive, Evergreen, AL 36401
- 10,640‑square‑foot building completed in 2023
- Initial 15‑year NNN term expires January 31, 2038
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
72
Businesses Nearby
Explore this area
Business Placement
Demographics for 36401, AL
7,023
Population
3,952
Households
1.8
Avg Household Size
45
Median Age
14%
College-Educated
89%
High-School Grad
441.2 sq mi
ZIP Area
16
Density / Sq Mi
$41,135
Median Household Income
$38,342
Median Earnings
$807
Median Rent
$102,500
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
NNN property - Recently opened retail facility with a long-term NNN lease structure and multiple extension options.
Where is this nnn property located?
The property is located at 837 Liberty Hill Drive Evergreen, AL.
What is the asking price?
The asking price for this property is $1,845,600.
What are key features of this property?
This property features: Dollar General Plus retail property at 837 Liberty Hill Drive, Evergreen, AL 36401; 10,640‑square‑foot building completed in 2023; Initial 15‑year NNN term expires January 31, 2038
