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