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25 Circle Dr Rockford, AL 35316

  • Retail properties
  • 8,125 SF
  • 1.87 lot acres
OFF-MARKET
Value Estimation
Location Intelligence

Current Use by Public Records

  • Dollar General / Convenience Store / Party Store
  • Redbox / Movie Rental Kiosk / Dvd Store
  • Western Union / Money Transfer Service / Money Order Service

Property Details for 25 Circle Dr

Year built
2004
Lot size
1.87 lot acres
Property size
8,125 SF
Property type
Retail properties
Property subtype
Grocery and convenience stores

Description

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.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Rockford
County
Coosa
State
Alabama
Longitude
-86.2229
Latitude
32.8837
More about this property
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