10378 Us-231 Pell City, AL 35054

This exceptional investment opportunity presents a fee-simple ownership of a 10,500 square foot, single-tenant retail building in Cropwell, Alabama. The property is currently 100% occupied by a Family Dollar Tree, operating under a corporately guaranteed Net Lease (NN+) with 9.8 years remaining on the initial 10-year term, plus five 5-year options, each including a $5,250 rent increase. Built in 2024, the building boasts a 20-year roof warranty and sits on a 1.45-acre lot. The property generates a strong Net Operating Income (NOI) of $145,950, representing a 7.75% cap rate on the asking price of $1,883,225. The tenant, Dollar Tree (a subsidiary of Dollar General), is an investment-grade credit tenant with a strong track record. Located on US-231 with traffic counts exceeding 22,200 vehicles daily, the property benefits from a 10-mile population of 15,773 residents and an average household income of $94,416. The strategic location near Avondale Lake further enhances its appeal. This is a rare opportunity to acquire a high-performing, low-risk retail investment with significant upside potential. The tenant is responsible for HVAC, CAM, taxes, and insurance.