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45 County Road 305
Elba, AL 36323
Dollar General · Retail Property For Sale
Investment Highlights
- NNN Lease
- 5% rent increase every 5 years
- NEW LEASE
Executive Summary
LHT Commercial Real Estate, LLC is pleased to bring to market this brand new free standing Dollar General store. This store has a brand new guaranteed NNN lease that has a 5% rent increase every 5 years. This lease has a 15 year initial term with 5 – 5 year options. Elba is located in the southern part of Alabama and is the County seat of Coffee County. This store has a 9,100 square foot building. The yearly rental income is $124,848. 6.75% CAP with a $1,849,600 Sales Price. The store opens November 2026 and is located at the intersection of County Road 305 – Highway 87. The coordinates are 31.5346 -86.0294. I have other properties as well that are not “on the market”. Contact me today for more information.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
9,100 SF
Building Class
C
Year Built
2026
Construction Status
Under Construction
Price
$2,605,125 CAD
Price Per SF
$286.28 CAD
Cap Rate
6.75%
NOI
$175,846 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
1.00 AC
Property Taxes
| Parcel Number | 03-04-20-0-000-004.000 | Improvements Assessment | $8,992 CAD |
| Land Assessment | $868 CAD | Total Assessment | $9,859 CAD |
Property Taxes
Parcel Number
03-04-20-0-000-004.000
Land Assessment
$868 CAD
Improvements Assessment
$8,992 CAD
Total Assessment
$9,859 CAD
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