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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

5206 County Rd Russellville, AL 35654

9,020 SF 2.46 ac lot Built 2019
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a single-tenant, net-leased Dollar General convenience store located at 5206 County Rd 48, Russellville, AL 35654. The property boasts a substantial 9,020 square feet on a 2.46-acre lot and was constructed in 2019. Currently operating at 100% occupancy, the property offers a strong net operating income (NOI) of $92,335, translating to a compelling 6.50% cap rate. The asking price is $1,420,540, resulting in a price per square foot of $157.49. The lease is a NNN (triple net) lease, meaning the tenant is responsible for all property expenses, offering zero landlord responsibility. The lease commenced on August 1, 2019, and has a remaining term of 9.8 years, extending to August 31, 2034. The lease includes five (5) five-year renewal options, each with a 10% rent increase. The tenant is backed by a corporate guarantee, providing significant security for the investor. This property is a prime example of a low-maintenance, high-return investment in a stable retail sector, anchored by a nationally recognized brand. The property's location in Russellville, Franklin County, Alabama, offers excellent visibility and accessibility. This is an ideal opportunity for investors seeking a secure, long-term, passive income stream.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2019
Total area 9,020 SF
Lot 2.46 ac (107,158 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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