44399 Al-21 Munford, AL 36268
This exceptional investment opportunity features a Dollar General store in Munford, Alabama. The 8,000 square foot building sits on a 1.19-acre lot and boasts a strong 8% cap rate, with a Net Lease structure minimizing landlord responsibilities. The property has enjoyed 100% occupancy since March 1, 2002, demonstrating the tenant's long-term commitment. The lease, backed by a corporate guarantee, has a remaining term of approximately one year, plus one five-year option with 10% rent bumps in each option. The asking price is $487,500, translating to $60.94 per square foot. Strategically located on AL-21, this property benefits from high traffic counts and proximity to Munford High School and other national retailers, making it an ideal addition to any portfolio. Built in 2002, the property offers a stable income stream in a growing area, approximately 15 minutes from the Talladega Superspeedway. The property's NOI is $39,000. This is a rare opportunity for investors seeking a secure, high-performing retail asset with a proven track record.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.