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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

907 Nashville Ave Atmore, AL 36502

10,640 SF 0.96 ac lot Built 2024
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a brand-new, 10,640-square-foot Dollar General store in Atmore, Alabama. Built in 2024, the property boasts a 15.1-year absolute NNN lease with a credit-rated, corporate-guaranteed tenant. The lease commenced August 11, 2024, and expires August 31, 2039, leaving a substantial 14.8 years remaining. The property features a 6.75% cap rate and a strong net operating income (NOI) of $137,432. Located on a 0.96-acre lot at 907 W Nashville Ave, Atmore, AL 36502, this single-tenant building benefits from a prime location near Windcreek Casino & Hotel and experiences high traffic volume (6,475 vehicles per day). The property is strategically positioned near other major retailers, including Walmart, Ace Hardware, and more. The lease includes attractive 5% rent bumps every five years, starting in year six, providing consistent growth potential. This fee-simple ownership offers a secure, passive income stream with a long-term, established tenant. The property's size reflects Dollar General's "PLUS" format, designed for increased sales volume. This is a rare opportunity to acquire a high-performing, low-maintenance retail investment with significant upside.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2024
Total area 10,640 SF
Lot 0.96 ac (41,818 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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