13086 Holt Peterson Rd Cottondale, AL 35453
- Retail properties
- 10,640 SF
- 1.44 lot acres
Current Use by Public Records
- Retail properties
Property Details for 13086 Holt Peterson Rd
- Year built
- 2024
- Lot size
- 1.44 lot acres
- Property size
- 10,640 SF
- Property type
- Retail properties
- Property subtype
- Drug stores
Description
This exceptional investment opportunity presents a fee-simple, single-tenant, absolute NNN leased Dollar General property located at 13086 Holt Peterson Rd, Cottondale, AL 35453. The 10,640 square-foot building, constructed in 2024, sits on a 1.44-acre lot and operates as a "Mini Market" format, reflecting Dollar General's larger store prototype. The property boasts a 15-year lease commencing October 2, 2024, and expiring October 31, 2039, with a substantial remaining term of 15 years. Rent increases of 5% are built into the lease every five years, providing consistent income growth. The property benefits from a strong corporate guarantee and a 6.75% cap rate, with a current NOI of $145,188 and an asking price of $2,150,933 ($202.16/sq ft). Situated in the Tuscaloosa County MSA, this corner location enjoys high visibility and traffic volume (combined 8,287 VPD), serving a 47,000-person population within a five-mile radius. Its proximity to the University of Alabama (7 miles) and a Mercedes-Benz plant (15 miles) further enhances its long-term potential. This is a core NNN investment with exceptional growth prospects.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Cottondale
- County
- Tuscaloosa
- State
- Alabama
- Longitude
- -87.4243
- Latitude
- 33.2327
