1220 Patton Chapel Rd Lincoln, AL 35096

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.