16458 Hwy 69 N

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NNN leased, investment grade, corporate signed, Dollar General investment property located in Northport, AL (Tuscaloosa MSA). The tenant, Dollar General, Co., has under 10 years of firm term remaining with 3 (5-year) option periods left to extend. The lease features 10% rental increases at the beginning of each option period, growing NOI and hedging against inflation. The lease is signed by the corporate entity and is absolute NNN with limited landlord responsibilities, making this an ideal, management-free investment opportunity for a passive investor. Dollar General is a nationally recognized and established discount store with over 18,500 stores in operation. The asset, which was built in 2020, features a state-of-the-art design using high quality materials.