25 Circle Dr Rockford, AL 35316

This exceptional investment opportunity presents a freestanding Dollar General store located at 25 Circle Drive, Rockford, Alabama 35316. The property boasts 8,125 square feet on a 1.87-acre lot and is situated in a strong demographic area with an average household income exceeding $81,673 within a 3-mile radius. Built in 2004, this single-story building operates under a Net Lease (NN) agreement with a corporate guarantee, offering significant investor security. The current lease, with Dollar General, extends until October 31, 2029, representing a remaining term of 4.9 years. The lease includes three to five-year option periods with rent bumps in each, demonstrating the tenant's long-term commitment. This is Dollar General's third extension at this location, highlighting its consistent success and strong performance. The current rent per square foot is exceptionally low at $4.14, further enhancing the investment's potential. The property's strong performance is reflected in its 8.25% cap rate and a Net Operating Income (NOI) of $33,600. The asking price is $407,273, translating to a price per square foot of $50.13. The property benefits from limited competition in the immediate area, suggesting continued strong sales performance for the tenant. This sale is for a leaseback transaction. This is a rare opportunity to acquire a well-established, high-performing retail asset with a strong tenant and significant upside potential.