Dollar General
Newly constructed freestanding Dollar General in Elba, Alabama, offered at $1,849,600 at a 6.75% cap ($124,848 NOI). The single-tenant asset is secured by a new 15-year guaranteed NNN lease with five additional 5-year renewal options and 5% rent escalations every five years, providing long-term income stability with zero landlord responsibilities.
The 9,100 SF building sits on a 1-acre parcel at the intersection of County Road 305 and Highway 87 in the Coffee County seat. The store is scheduled to open in November 2026, offering investors a newly constructed, fully leased asset in a stable retail market. The NNN structure ensures all operating expenses, taxes, insurance, and maintenance are the tenant's responsibility, making this a passive, management-free investment well-suited for 1031 exchanges and out-of-state buyers.
- 15-year guaranteed NNN lease with five 5-year renewal options
- 5% rent escalations every five years
- New 2026 construction, freestanding building
- Zero landlord responsibilities; fully passive income
- Scheduled opening November 2026
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LHT Commercial Real Estate, LLC presents a newly constructed, freestanding Dollar General store in Elba, Alabama, offering a stable net lease investment opportunity. The property features a 9,100-square-foot building secured by a new 15-year guaranteed NNN lease with five additional 5-year renewal options and 5% rent escalations every five years. Located at the intersection of County Road 305 and Highway 87 in the Coffee County seat, the store is scheduled to open in November 2026. The investment generates an annual rental income of $124,848 and is offered at $1,849,600, reflecting a 6.75% capitalization rate. Additional off-market investment opportunities may also be available through the broker.