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1220 Patton Chapel Rd Lincoln, AL 35096

  • Lifestyle centers
  • 10,566 SF
  • 2.01 lot acres
Value Estimation
Location Intelligence

Current Use by Public Records

  • Lifestyle centers

Property Details for 1220 Patton Chapel Rd

Year built
2024
Lot size
2.01 lot acres
Property size
10,566 SF
Property type
Lifestyle centers
Property subtype
Power centers

Description

This exceptional investment opportunity presents a brand-new, free-standing Dollar General store in Lincoln, Alabama. The property boasts a 10,566 square foot building situated on a 2.01-acre lot, complete with 40 parking spaces. The property features an upgraded Hardy Plank exterior and is situated at 1220 Patton Chapel Rd, Lincoln, AL 35096. The property is 100% occupied under a 15-year absolute NNN lease, commencing August 29, 2024, and expiring August 31, 2039. The lease includes five, five-year renewal options, with a 5% rent increase every five years. The tenant, Dollar General, is credit-rated and provides a corporate guarantee, ensuring a secure investment. The property's Net Operating Income (NOI) is $154,320, resulting in a 6.60% cap rate. The asking price is $2,338,182, translating to $221.29 per square foot. Built in 2024, this single-story building represents a strong, low-risk investment in a well-established retail sector. The location is convenient, just east of the Coosa River and west of Oxford-Anniston, approximately 6 miles from Talladega Superspeedway. This is a single-tenant, net lease investment with significant long-term potential.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Lincoln
County
Talladega
State
Alabama
Longitude
-86.1028
Latitude
33.6259
More about this property
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