New DG Market
For Sale
Contact for pricing
5370 Hazelwood Rd, Adamsville, AL 35005
New free-standing DG Market store in Adamsville, AL for sale.
Property Size10,640 SF
Price / SF$185.64
Days on Market888
Property Features for 5370 Hazelwood Rd
General Information
Standard status
Active
Size
10,640 SF
Property subtype
Retail
Building Details
Year Built
2024
Listing Agency:
Randall Commercial Group, LLC
(662) 234-4043
Listed By:
Elizabeth Randall · License #MS 19734
Source:
Crexi
Added: Feb 23, 2024
Changed: Jul 10
Last Checked: Jul 30 at 11:09AM
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.
A new, free-standing DG Market store is available for sale in Adamsville, Alabama. Located at 5370 Hazelwood Road in Jefferson County, the property features a 15-year NNN lease with 5% increases every 5 years during the primary term and each option. The lease commenced on May 31, 2024. The store is situated approximately 10 minutes from Interstate 65 and about 20 minutes from Birmingham, AL. The property size is 10640 square feet. Dollar General is an investment-grade tenant with a Standard & Poor’s “BBB” credit rating.
Key Highlights
- Brand new, free‑standing DG Market store.
- 15‑year NNN lease.
- 5% rent increases every 5 years during the primary term and each option.
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $220.9k | $20.76 |
| − Vacancy | −$8.6k | −$0.81 |
| EGI | $212.3k | $19.95 |
| − OpEx | −$53.1k | −$4.99 |
| NOI | $159.2k | $14.96 |
10,640 SF · lease $20.76/SF/yr · vacancy 3.90% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$2.27M
$1.99M – $2.65M
NOI $159,204 @ 7.0% cap · market cap 8.06%
Second Best
Retail
$2.12M
$1.86M – $2.48M
NOI $148,590 @ 7.0% cap · market cap 7.52%
Theoretical Best
Office A
$3.66M
$3.20M – $4.27M
NOI $256,226 @ 7.0% cap · market cap 12.97%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
57
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 35005, AL
7,578
Population
3,628
Households
2.1
Avg Household Size
42
Median Age
16%
College-Educated
86%
High-School Grad
31.7 sq mi
ZIP Area
239
Density / Sq Mi
$57,151
Median Household Income
$35,915
Median Earnings
$1,074
Median Rent
$138,100
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - New free-standing DG Market store in Adamsville, AL for sale.
Where is this grocery and convenience store located?
The property is located at 5370 Hazelwood Rd Adamsville, AL.
What is the asking price?
The asking price for this property is $1,975,182.
What are key features of this property?
This property features: Brand new, free‑standing DG Market store.; 15‑year NNN lease.; 5% rent increases every 5 years during the primary term and each option.