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Property profile & analytics
OFF-MARKET
Lifestyle centers

2070 Shannon Oxmoor Rd Bessemer, AL 35022

10,566 SF 1.29 ac lot Built 2024
Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Lifestyle centers
Year built 2024
Total area 10,566 SF
Lot 1.29 ac (56,192 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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