Description
This property consists of two units totaling 10,495 SF on 1.15 acres with ample parking. Dollar General, which has occupied the site since 2005, and Dog Shop, since 2021, both recently extended their leases through July 2025—marking Dollar General’s third contractual renewal—showing strong tenant commitment. The property is well-maintained with no deferred maintenance, including a partial roof replacement and reinforced adjoining point in 2023, parking lot replacement in 2023, and a new HVAC system for Dollar General in 2021. The site benefits from strong demographics, with nearly 49,800 residents and a $76,000 average household income within a 5-mile radius. Dollar General’s current rental rate of $6.82/SF remains well below new construction rates, reducing relocation risk. Strategically located on heavily traveled Snow Road, a key north-south connector between Airport Boulevard and Moffett Road, the property enjoys excellent visibility, steady traffic, strong local residential density, and convenient access to Mobile’s major thoroughfares.
Listing Details
- Cap Rate
8%
- Tenancy
Multi
- Space Type
retail
- Sub Category
convenience-store
- Date Listed
10/2/2025
- Ownership Info
Fee Simple
- Broker/Agent Co-op
Yes
- Investment Type
Stabilized
- Net Operating Income
$76,466
- Brand Info
Dollar General
- Ground Lease
No
Property Specifics
- Property Name
Dollar General | 769 Snow Rd N
- No of Buildings
1
- No of Stories
1
- No of Units
2
- Year Built
2005
- Building Size
10,495 SF
- Lot Size
1.15 AC
- APN
27-02-09-0-000-023.006
- Zoning
Commercial
- Occupancy
100%


