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2070 Shannon Oxmoor Rd Bessemer, AL 35022

For Sale
$2,505,046

High-yield NNN retail investment.

Property size:
10,566 SF

Description

Added:
Dec 11, 2024
Days on Market:
370
This exceptional investment opportunity presents a brand-new, freestanding Dollar General store in Bessemer, Alabama. Located at 2070 Shannon Oxmoor Rd, 35022, this Class A property boasts 10,566 square feet on a 1.29-acre lot and features 42 parking spaces. The building, constructed in 2024, is a single-story structure operating under a 15-year absolute NNN lease with a credit-rated, corporate-guaranteed tenant. The lease includes five, five-year renewal options, with a 5% rent increase every five years. The current annual net operating income (NOI) is $162,828, representing a 6.50% capitalization rate and a price per square foot of $237.09. The asking price for this 100% occupied property is $2,505,046. This investment offers exceptional stability and growth potential, situated in a prime location within the Birmingham MSA, just south of the Oxmoor Valley Golf Course. The property's strong tenant, lease terms, and location make it an attractive addition to any portfolio. The property is currently fully occupied.

Property Features for 2070 Shannon Oxmoor Rd

General Information

Property type
Lifestyle centers
Square Feet
10,566 SF
Class
A
Lot Size
56,192 SF

Building Details

Year Built
2024
Buildings
1
Stories
1

HighLights

  • NNN single‑tenant investment opportunity in the Birmingham MSA.
  • 15‑year lease with five 5‑year options.
  • 5% rent increases every five years.
  • Corporate guarantee from Dollar General.
Property Profile Location Intelligence

Current Use by Public Records

Lifestyle centers

Suggested Use

Restaurant Realty agency Law Firm Spa & Massage Dental Office Auto Repair Shop Hair Salon Clothing Store Nail Salon Gym & Fitness

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

Location Insight

  • Map
  • Local Demand
City
Bessemer
County
Jefferson
State
Alabama
Longitude
-86.8781387
Latitude
33.40624

FAQs

What type of property is this?
Lifestyle center - High-yield NNN retail investment.
Where is this lifestyle center located?
The property is located at 2070 Shannon Oxmoor Rd Bessemer, AL.
What is the asking price?
The asking price for this property is $2,505,046.
What are key features of this property?
This property features: NNN single-tenant investment opportunity in the Birmingham MSA.; 15-year lease with five 5-year options.; 5% rent increases every five years.
More about this property
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