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24816 State St
Elberta, AL 36530

$1,339,607 USD

Freestanding For Sale  •  10,696 SF

Property Details

• Property Type Freestanding
• Total Building Size 10,566 SF
• Lot Size 1.06 AC
• Building Class C
• Year Built 2011
• Cap Rate 8.90 %
• Tenancy Single

0 Transit Score

48 Walk Score

Highlights

Strong NNN lease with no landlord responsibilities and 10% rent increases every option.

Lease is guaranteed by Dollar General Corporation (NYSE: DG), an investment-grade tenant with over 20,000 locations nationwide.

Strategically positioned along Highway 98, the primary east-west thoroughfare through Elberta.

Located in Baldwin County, one of the fastest-growing counties in Alabama, supported by expanding residential development along the Pensacol corridor.

Cap Rate:

8.90 %

Public Transportation

Airport	Drive	Walk	Distance
Pensacola International	48 min	-	27.4 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Type:	Surface
Included in Rent:	Yes