225 Church St Andalusia, AL 36420-3701

This exceptional investment opportunity features a 9,000 square foot Dollar General store located at 225 Church St, Andalusia, AL 36420. The property sits on a 0.59-acre lot and boasts a 100% occupancy rate with a corporate-guaranteed, Net Net (NN) lease. The lease commenced February 1, 2015, and has a remaining term of 5.2 years, expiring January 31, 2030, with two 5-year renewal options. The asking price is $620,800, representing a price per square foot of $68.98 and a 7.50% cap rate based on a current NOI of $46,560. Built in 1984, this single-story building offers a stable investment with rent bumps varying according to a detailed rent schedule. The property benefits from high daily traffic counts along US Highway 29 and a strong local market. This is a rare opportunity to acquire a well-established, low-maintenance retail property backed by a financially sound, publicly traded corporation. The property's location in Andalusia, Alabama, within Covington County, provides access to a stable local economy and consistent customer traffic. The lease's corporate guarantee minimizes landlord responsibilities, making this an attractive investment for those seeking a secure, high-yield return.