Dollar General NNN Grocery
For Sale
Contact for pricing
9345 STATE ST, Gainesville, AL 35464
Corporate-guaranteed grocery retail property with an absolute NNN lease and no landlord responsibilities.
Property Size9,100 SF
Price / SF$124.49
Days on Market65
Property Features for 9345 STATE ST
General Information
Standard status
Active
Size
9,100 SF
Property subtype
Retail
Lease Type
Absolute Net
Net Operating Income
$83,267
Building Details
Year Built
2020
Units
1
Tenancy
Single
Listing Agency:
AMC Real Estate
(888) 737-2264
Listed By:
Angelo Iacobelli · License #MI 6501442625
Source:
Crexi
Added: Jun 29
Changed: Aug 30
Last Checked: Aug 30 at 2:39PM
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 AMC Real Estate
Investment Insights
Based on property information with market context.
Built in 2020, this 9,100-square-foot Dollar General store serves as a grocery and convenience retail property in Gainesville, Alabama. The asset is leased under an absolute NNN structure, with zero landlord responsibilities identified in the lease terms. Dollar General provides the corporate guarantee, with an S&P rating of BBB.
The store is positioned in the center of town across from the municipal complex. Gainesville is in Sumter County in western Alabama, approximately 85 miles from Birmingham, and the property has limited nearby retail competition for everyday needs. The lease includes five, five-year renewal options, each providing 10% rental increases. The property is offered exclusively within a 7-property Alabama Dollar General portfolio and is not being sold individually.
The store is positioned in the center of town across from the municipal complex. Gainesville is in Sumter County in western Alabama, approximately 85 miles from Birmingham, and the property has limited nearby retail competition for everyday needs. The lease includes five, five-year renewal options, each providing 10% rental increases. The property is offered exclusively within a 7-property Alabama Dollar General portfolio and is not being sold individually.
Key Highlights
- 9,100‑square‑foot grocery and convenience store built in 2020
- Absolute NNN lease with zero landlord responsibilities
- Corporate guarantee from Dollar General with an S&P rating of BBB
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
31
Businesses Nearby
3k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Dollar General
Shops & Services
2,898 visits/mo
0.2 miles
Demographics for 35464, AL
436
Population
261
Households
1.7
Avg Household Size
41
Median Age
15%
College-Educated
83%
High-School Grad
40.1 sq mi
ZIP Area
11
Density / Sq Mi
$12,423
Median Household Income
$17,311
Median Earnings
$725
Median Rent
$50,600
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Corporate-guaranteed grocery retail property with an absolute NNN lease and no landlord responsibilities.
Where is this grocery and convenience store located?
The property is located at 9345 STATE ST Gainesville, AL.
What is the asking price?
The asking price for this property is $1,132,884.
What are key features of this property?
This property features: 9,100‑square‑foot grocery and convenience store built in 2020; Absolute NNN lease with zero landlord responsibilities; Corporate guarantee from Dollar General with an S&P rating of BBB
