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Investment Highlights

  • Dollar General occupies the property under a corporate lease guarantee from Dollar General, Inc
  • Two five-year renewal options remain under the current lease structure
  • Location along a regional corridor connects Birmingham, Huntsville, Cullman, Arab, and Oneonta
  • Direct frontage along U.S. Highway 231 provides visibility and convenient access
  • The property is positioned adjacent to an established grocery store that contributes to local consumer activity
  • HVAC and parking lot lighting improvements were completed in 2025

Executive Summary

Located along U.S. Highway 231 in Blountsville, Alabama, this single-tenant retail investment presents an opportunity to acquire a net-leased asset occupied by Dollar General, one of the nation's largest discount retailers. The property benefits from direct highway frontage, visibility along a major regional transportation corridor, and accessibility to consumers traveling between Birmingham, Huntsville, Cullman, Arab, and Oneonta. The location's connectivity supports consistent customer traffic and reinforces the property's long-term relevance within the local retail landscape. The asset is offered at $550,000 and is occupied under a lease guaranteed by Dollar General, Inc. The current lease term has approximately 2.5 years remaining with two five-year renewal options. The property generated a stated net operating income of $38,586 and benefits from a large ±4.93-acre site that provides operational flexibility and long-term utility. Capital improvements including HVAC and parking lot lighting upgrades were completed in 2025, reducing near-term maintenance considerations for ownership.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,125 SF
Building Class
C
Year Built
2004
Price
$773,850 CAD
Price Per SF
$95.24 CAD
Cap Rate
7.02%
NOI
$54,290 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
4.93 AC
Opportunity Zone
Yes
Somewhat walkable
20/100
Exceptionally drivable
100/100
Not bikeable
10/100

Property Taxes

Property Taxes

Parcel Number
09-03-07-0-000-004.000
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$189,854 CAD
  • Listing ID: 41321125

  • Date on Market: 2026-07-16

  • Last Updated:

  • Address: 70680 Main St, Blountsville, AL 35031

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