48298 Al-22 Wadley, AL 36276

This exceptional investment opportunity presents a single-tenant, 8,000 square foot Dollar General store located in Wadley, Alabama, within the Birmingham MSA. The property, built in 2003 and situated on a 0.65-acre lot, is offered at $370,000, representing a 7.30% cap rate based on a current NOI of $27,000. The property features a credit-rated tenant under a Net Lease agreement with a lease commencement date of June 27, 2002, and an expiration date of August 30, 2027, leaving approximately 2.8 years remaining. The lease includes two five-year renewal options, each with a 10% rent increase. The store has consistently operated since 2003, demonstrating the strength of this location and the tenant's commitment. This is a rare opportunity to acquire a well-established, income-producing asset in a stable market with significant upside potential through lease renewals. The property's strong tenant history, favorable lease terms, and attractive cap rate make it an ideal addition to any investment portfolio. The building is a single-story structure with 100% occupancy. The address is 48298 AL-22, Wadley, AL 36276.