For Sale
Dollar General
31 Megan Ln, Cullman, AL 35057
Discover the charm of Cullman, AL, an ideal location for your next investment. This vibrant community offers proximity to major national retailers like Walmart, Lowes, and Dollar General, ensuring high visibility and steady foot traffic for any retail or free-standing building endeavor. With the picturesque Smith Lake and lush parks nearby, the area is a draw for residents and visitors alike, making it a prime spot for business opportunities. Conveniently located near major highways, the city provides easy access for customers and commuters. Embrace the potential of this bustling location, where a thriving blend of commerce and community awaits..
Key features
- Corporate Guaranteed Lease – Dollar General (NYSE: DG), a recession-resistant, essential retailer.
- Strong In-Place Cash Flow – Tenant paying $5,290/month plus $270 CAM, ensuring consistent income.
- Long-Term Stability – 3.5 years remaining on the lease with five (5-year) renewal options.
- Built-In Rent Growth – 10% rental increases in each option period, driving long-term value.
- Minimal Landlord Responsibilities – NN lease structure, limiting operational oversight.
- Prime Location – Situated in Cullman, AL, a growing market with strong consumer demand and retail presence.
- High Visibility & Accessibility – Well-positioned along a high-traffic corridor, ensuring consistent customer flow.
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Reach out to the broker for more info on lease terms and amenities
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Contacts
Peter George
Encore Real Estate Investment Services
Building Details
- For Sale $800,000
- Property Type Retail - Freestanding
- Property Size 9,386 SF
- Lot Size 0.3 Acre
- Date Updated Mar 4, 2025
Getting Around
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Walk Score ®
Car-Dependent (20) -
Bike Score ®
Somewhat Bikeable (28)
Powered by Walk Score ®
Location
- City Cullman, AL
- Neighborhood Good Hope
- Zip Code 35057
Points of Interest
Marathon
0.76 miles
Shell
0.76 miles
Pure
2.91 miles
Murphy USA
3.48 miles
Chevron
4.46 miles
Jet-Pep
4.56 miles
Texaco
6.89 miles
ChargePoint
7.02 miles
Autos Parking
2.29 miles
TJ Maxx
3.59 miles
ALDI
3.66 miles
Publix
5.33 miles
Belk
5.39 miles
Ross
5.42 miles
31 Megan Ln Listing Summary
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What is the asking price at Dollar General?
Dollar General is currently listed for sale at $800,000.
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What is the total size of Dollar General?
Dollar General has a total of 9,386 square feet.
Contact Listing Broker
Peter George
Encore Real Estate Investment Services
