Dollar General Net Lease Investment Property | 7.5% Cap Rate

For Sale

1289 43rd Avenue, Phenix City, AL 36869

This Phenix City property for sale is located at 1289 43rd Avenue. The current listed sale price for Dollar General Net Lease Investment Property | 7.5% Cap Rate is $1,225,000. Dollar General Net Lease Investment Property | 7.5% Cap Rate is situated on a lot that is 1.12 acre in size.

Contacts

broker
Nancy Miller, CCIM, MBA

Bull Realty

Property Details

  • Property Type Retail - Freestanding
  • Property Size 9,100 SF
  • Lot Size 1.12 Acre
  • Year Built 2015
  • Date Updated Aug 28, 2025
This property is located in Phenix City, Alabama.This absolute NNN Dollar General in Phenix City, Alabama is strategically located just off busy Crawford Rd (U.S. 80 & AL 9), the primary east-west commercial corridor running through Phenix City and into Columbus, Georgia. Traffic counts just west of the property are ±27,443 VPD. This attractive, ±9,100 SF Dollar General was built in 2015 and sits on a ±1.12-acre corner site just over 3 miles west of downtown Phenix City and approximately 4 miles west of downtown Columbus. Phenix City is the county seat of Russell County. Located in eastern Alabama, it sits across the Chattahoochee River from Columbus, Georgia and is part of the Columbus MSA. The top regional employers include Fort Benning, TSYS Payment Solutions (a financial technology company), Columbus Regional Healthcare, Aflac, and St. Francis Hospital. The population within 5 miles of the property is ±81,611 with an average household income of $68,466. The initial NNN term of 15 years has ±4.67 years remaining with five 5-year renewal options, each with a 10% rent increase. There are no landlord responsibilities. It has a strong guaranty by Dollar General Corporation, which operates over 20,000 stores across the 48 continental states. This NNN Dollar General is priced at $1,225,000 with a 7.5% cap rate.
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Highlights

  • Alabama License #: 000093159-0
  • Great Location: Located just 3 miles from downtown Phenix (AL) and 4 miles from downtown Columbus, traffic counts on a busy commercial corner at US 80 exceed 27,000 VPD
  • Proven Long-Term commitment: This NNN Dollar General has been successfully operating at this location since 2015, serving a 5-mile population of over 81,000 people with an average household income of over $68,000
  • Recession Resilient Tenant: Dollar General is a proven discount retailer as demonstrated during the pandemic and in recessionary times
  • Strong Lease: The NNN lease is guaranteed by investment grade tenant, Dollar General with over 20,000 stores nationwide and with no landlord responsibilities

Getting around

  • 8/100

    Walk Score ®

  • 11/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Phenix City, AL
  • Zip Code 36869
  • Market Columbus GA

Points of Interest

  • Big Cat

    1.83 miles

  • Walmart

    1.89 miles

  • Marathon

    2.54 miles

  • Crown

    2.62 miles

  • Castle Fuels

    3.54 miles

  • Love's

    4.88 miles

  • Domino's

    1.24 miles

  • Dunkin'

    1.25 miles

  • Burger King

    1.29 miles

  • Hardee's

    1.34 miles

  • Hog Rock BBQ

    1.35 miles

  • China Garden

    1.35 miles

  • Taco Bell

    1.39 miles

  • McDonald's

    1.40 miles

  • Applebee's

    1.46 miles

  • Krystal

    1.59 miles

  • ALDI

    1.83 miles

  • Walmart Neighborhood Market

    1.87 miles

  • Walmart Supercenter

    2.14 miles

  • Piggly Wiggly

    2.67 miles

  • Renfroe's Market

    3.08 miles

  • Phenix Crossing

    3.72 miles

  • Publix

    3.75 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Nancy Miller, CCIM, MBA

Bull Realty

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