Description
I am pleased to represent one of the largest developers of Dollar General stores in the country, delivering between 70 and 100 brand-new, freestanding locations annually over the past 20 years. Whether you are seeking a single asset or a bundled portfolio, we can accommodate your investment needs. Each property features a true NNN lease with a 15-year initial term and 5% rental increases every five years during the base term. This featured location in Ardmore, situated in Limestone County along the Alabama–Tennessee state line, is part of the thriving Huntsville metro area, which serves more than 500,000 residents. The store, which opened on July 13, 2025, consists of a 10,566-square-foot building positioned along Highway 53, where traffic counts exceed 7,800 vehicles per day. The property generates annual rental income of $147,444 and is offered at a sales price of $2,152,467, reflecting a 6.85% cap rate. Additional unlisted opportunities are also available upon request.
Listing Details
- Cap Rate
6.85%
- Tenancy
Single
- Space Type
retail
- Sub Category
convenience-store / grocery-store
- Date Listed
3/4/2026
- Investment Type
Net Lease
- Net Operating Income
$147,444
Property Specifics
- Property Name
Dollar General | 28848 AL-53
- No of Buildings
1
- No of Stories
1
- Year Built
2025
- Building Size
10,566 SF
- Occupancy
100%


