515 Eastern Valley Rd Bessemer, AL 35020

This exceptional investment opportunity presents a brand-new, single-tenant, freestanding Dollar General store located at 515 Eastern Valley Rd, Bessemer, AL 35020, within the Birmingham MSA. The property boasts 9,026 square feet on a 2.27-acre lot and was constructed in 2023. It features a 15.1-year absolute NNN lease, commencing May 5, 2023, and expiring May 31, 2038, with a substantial remaining lease term of 13.5 years. The lease includes five, five-year renewal options, each with a 10% rent increase. The current annual net operating income (NOI) is $102,146, resulting in a 7.00% capitalization rate. The asking price is $1,459,233, translating to $154.68 per square foot. The property benefits from a corporate guarantee by Dollar General, providing significant investment security. This Class A retail property is situated in a prime location within the rapidly growing Bessemer market, offering exceptional long-term value and strong cash flow potential. The property's location on Eastern Valley Road provides excellent visibility and accessibility. This is a rare opportunity to acquire a high-quality, net-leased investment property anchored by a creditworthy national tenant. The property is 100% occupied.