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Dollar General 981 Monroe Rd 10,640 SF Retail Building Toney, AL 35773 $3,214,051 CAD ($302.07 CAD/SF) 6.50% Cap Rate

Investment Highlights
- NNN Lease
- 5% rent increase every 5 years
- New Lease
Executive Summary
LHT Commercial Real Estate, LLC is pleased 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. Hazel Green is located in the northern part of Alabama and is in the Huntsville metro. There are over 540,000 people in the Huntsville metro area. This store has a 10,640 square foot building. The yearly rental income is $148,092. 6.5% CAP with a $2,278,338 Sales Price. The store opens November 2026 and is located at the NW corner of Charity Lane - Butter & Egg Road. The coordinates are 34.9476 -86.6416. 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
Building Size
10,640 SF
Year Built
2026
Construction Status
Under Construction
Price
$3,214,051 CAD
Price Per SF
$302.07 CAD
Cap Rate
6.50%
NOI
$208,913 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.24
Lot Size
1.00 AC
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Dollar General
- Retailer
-
99,999 SF
- -
-
Lorem Ipsum
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Dollar General | Retailer | 99,999 SF | - | Lorem Ipsum | - |
Not walkable
10/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 07-06-23-0-000-055.000 | Improvements Assessment | $27,622 CAD |
| Land Assessment | $108,229 CAD | Total Assessment | $135,850 CAD |
Property Taxes
Parcel Number
07-06-23-0-000-055.000
Land Assessment
$108,229 CAD
Improvements Assessment
$27,622 CAD
Total Assessment
$135,850 CAD
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LHT Commercial Real Estate
Dollar General | 981 Monroe Rd
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