299 Old Fort Rd Fort Deposit, AL 36032

This exceptional investment opportunity presents a 10,500-square-foot Family Dollar/Dollar Tree hybrid store in Fort Deposit, Alabama. Located at 299 Old Fort Rd W, 36032, this fee-simple property boasts a new construction (2024) and a strong 10-year net-net lease commencing May 29, 2024, and expiring May 30, 2034, leaving minimal landlord responsibilities. The lease includes three, five-year options with $.50/PSF rent bumps. The tenant, Dollar Tree Corporation, provides a corporate guarantee and holds an investment-grade credit rating of BBB. The property sits on one acre and enjoys 100% occupancy, generating a net operating income (NOI) of $130,725, resulting in a 7.75% cap rate and a price per square foot of $160.65. The asking price is $1,686,774. This strategically positioned store benefits from strong demographics, with a ten-mile population of 4,869 and an average household income of $59,763. This represents a rare opportunity to acquire a highly profitable, low-maintenance retail investment anchored by a nationally recognized, financially stable tenant. The property's visibility and location contribute to its exceptional investment potential. This is a single-tenant property with a proven track record of success.