8356 Al-117 Valley Head, AL 35989
Property profile & analytics
Location Intelligence
Current Use by Public Records
- Retail properties & Spaces
Property Details for 8356 Al-117
- Year built
- 2004
- Property type
- Retail properties & Spaces
- Property subtype
- Retail space
Description
This fee-simple retail property offers a compelling investment opportunity. The 8,125 square-foot Dollar General store, built in 2004, sits on a 1.89-acre lot at 8356 AL-117 in Valley Head, Alabama, a high-traffic area with over 4,000 vehicles daily. The property boasts a strong net lease (NN) structure with a current asking price of $494,117 and a Net Operating Income (NOI) of $42,000. The lease, originally commencing December 31, 2003, has been extended, leaving approximately 4.1 years remaining, plus two five-year renewal options with 10% rent increases each. Landlord responsibilities are limited to roof, structure, and parking lot
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Valley Head
- County
- DeKalb
- State
- Alabama
- Longitude
- -85.6143
- Latitude
- 34.5583
