9345 STATE ST

Share this listing

Pre-formatted captions, a short link, and a QR code — ready to paste.

Share image
Sized for LinkedIn · 1200×627 — matches the caption above.
Rendering preview…

9345 STATE ST

GAINESVILLE, AL 35464
Asking Price
$1.13M
Cap Rate
7.35%
Asset Type
Convenience Store Retail
Class
Class B

What's Special

Investment Grade Tenant | 10% Rent Bumps | Zero Landlord Responsibilities <ul><li>​Absolute NNN Lease with zero landlord responsibilities</li><li>​Corporately Guaranteed Lease by Dollar General (S&P: BBB)</li><li>​Limited retail competition nearby for everyday needs</li><li>​Subject property is 85 miles from city of Birmingham</li><li>​Five, Five-Year Renewal Options with 10% Rental Increases</li><li>​To Be Sold Only as Part of the 7-Property Alabama Portfolio</li></ul>

Free Valuation Calculator

No login required

Run the numbers on this deal. All calculations are estimates — verify with your lender and accountant.

NOI
$80,000
Cap Rate
7.06%
DSCR
1.19
Tight
Cash-on-Cash
3.75%
Monthly Payment
$5,604.892
Annual Cash Flow
$12,741.297

Location & Travel Times