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    New DG Market Store Title is generated by Realmo AI

    5370 Hazelwood Rd, Adamsville, AL 35005

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    New free-standing DG Market store in Adamsville, AL for sale.

    Type:Retail
    Property size:
    10,640 SF
    Price / SF:
    $198/SF
    Added:
    Feb 23, 2024
    Days on Market:
    842
    Last Refresh:
    May 12 at 10:19 pm

    Property Features for 5370 Hazelwood Rd

    General Information

    Standard status
    Active
    Size
    10,640 SF
    Property subtype
    Retail

    Building Details

    Year Built
    2024

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    Listing Contact
    Elizabeth Randall
    Elizabeth Randall

    Listing agent Elizabeth Randall License #MS 19734

    Listing office Randall Commercial Group, LLC

    Listing date Feb 23, 2024

    Source Crexi

    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

    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.
    • Dollar General is an investment‑grade tenant with a Standard & Poor’s “BBB” credit rating.
    • Located in Adamsville, AL, Jefferson County.
    • Located ± 10 minutes from high‑traffic Interstate 65 and ± 20 minutes from Birmingham, AL.

    Overview

    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.

    Local 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 (±1% cap)
    NOI $159,204 @ 7.0% cap · market cap 7.53%
    Second Best
    Retail
    $2.12M
    $1.86M – $2.48M (±1% cap)
    NOI $148,590 @ 7.0% cap · market cap 7.03%
    Theoretical Best
    Office A
    $3.66M
    $3.20M – $4.27M (±1% cap)
    NOI $256,226 @ 7.0% cap · market cap 12.12%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Dollar General Discount Store

    Suggested Use

    Spa & Massage Center Hair Salon Nail Salon Big Box & Wholesale Store Department Store Food Market Grocery & Convenience Store Grocery & Convenience Store (Bike/Boat/Book/etc) Store Nursing Home

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Adamsville
    County
    Jefferson
    State
    Alabama
    Longitude
    -86.9756145
    Latitude
    33.5984361

    FAQs

    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 $2,114,063.
    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.
    More about this property
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