7701 Hwy 20
Florence, AL 35633
Active
Property Description
This Dollar General Market opened in July of 2024. This is a true NNN 15-year initial lease with a 7% CAP. Lease increases by 5% every five years. There are five successive five-year extensions options which also contain 5% bumps with each extension. This a great long-term investment opportunity with one of the most stable and successful companies in existence. Yearly rental income is $143,712.
Property Details
Essential
- StatusActive
- Days On Site443
- Days To Sale2025-03-18T00:00:00.000Z
- MLS#521485
- Property TypeCommercial Sale
- Property Sub TypeCommercial Sale
- Property Size10,640 sqft
- Lot Size2.00 Acres
- Bathrooms (Total)2
- Bathrooms (Full)2
- Tax Amount$0
- HOANo
- Data SourceStrategic MLS Alliance SMLSA (Shoals Area AOR)
- Latest Update05/12/2025
