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6358 Highway 36 East
Somerville, AL 35670
Asking Price
Contact for price
Asset Type
Convenience Store Retail
Class
Class B
What's Special
Brand new Dollar General PLUS <p>LHT Commercial Real Estate, LLC is pleased to bring to market this brand new Dollar General PLUS store! I am blessed to represent the largest developer of Dollar General stores in the country. We build / 70 - 100 stores a year for over 20 years. This PLUS store has the new lease! True 15 year NNN initial term lease with 5 - 5 year options with a 5% rent increase every 5 years! Somerville is located in the northern part of Alabama near Huntsville. The monthly rental income is $10,615. The year
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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547
