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75360 Highway 9
Ashland, AL 36251
NNN Dollar General | 9 Years Left · Retail Property For Sale

Investment Highlights

  • To Be Sold Only as Part of the 7-Property Alabama Portfolio
  • Minimal retail competition in the surrounding areas
  • Five, Five-Year Renewal Options with 10% Rental Increases
  • Absolute NNN Lease with zero landlord responsibility
  • Brand New construction back in 2020

Executive Summary

AMC Real Estate Investment Services is pleased to present this Dollar General located in Ashland, Alabama, offered as part of a 7-property Alabama portfolio. The property operates under an absolute NNN lease with zero landlord responsibility and is corporately guaranteed by Dollar General, an investment grade tenant (S&P: BBB). Brand new construction back in 2020 with 9 years of firm lease term remaining, the lease features five, five-year renewal options each with 10% rental increases, providing built in income growth and inflation hedge. Ashland is a small city in Clay County in east central Alabama, approximately one hour southeast of Birmingham and centrally located between Birmingham, Atlanta, and Montgomery. The store sits along AL-9 and is the only Dollar General within an 8-mile radius with minimal retail competition in the surrounding areas. This property is being offered exclusively as part of the 7-property Alabama Dollar General portfolio and will not be sold individually.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,100 SF
Building Class
C
Year Built
2020
Price
$1,651,527 CAD
Price Per SF
$181.49 CAD
Cap Rate
7.35%
NOI
$121,387 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
1.84 AC
Zoning
C-1 - Commercial
Frontage
248’ on Alabama 9

Amenities

  • Signage

Property Taxes

Property Taxes

Parcel Number
17-17-05-21-0-000-003.003
Land Assessment
$1,498 CAD
Improvements Assessment
$182,116 CAD
Total Assessment
$183,614 CAD
  • Listing ID: 41096397

  • Date on Market: 2026-06-29

  • Last Updated:

  • Address: 75360 Highway 9, Ashland, AL 36251

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