Dollar General

10090 AL-188, Grand Bay, AL 36541

  • For Sale $1,600,000
  • Property Type Retail - Street Retail
  • Property Size 9,002 SF
  • Lot Size 1.22 Acre
  • Date Updated Mar 12, 2024
Grand Bay is an incorporated community in Mobile County, USA. It has a population of 3,500 people and is approximately 25 miles from downtown Mobile. The area is known for its proximity to the Grand Savannah Bay Nature Preserve and the Gulf Islands National Sea Shore. Grand Bay is part of the Mobile metropolitan area, which is home to over 400,000 people. The city of Mobile is approximately 25 miles northeast of Grand Bay and is easily accessible via major highways such as Route 90 and Interstate 10. The drive from downtown Mobile to Grand Bay is approximately 25 minutes, depending on traffic. Despite its proximity to Mobile, Grand Bay offers a peaceful and natural setting that is ideal for those looking to escape the hustle and bustle of city life, while maintaining a reasonable commute to Mobile. Grand Bay has a multitude of things to do and is nearby popular vacation area due to its proximity to the Gulf of Mexico.Exclusive Realty is pleased to present this 9,002-square-foot Dollar General store located in Grand Bay, Alabama. The property has an Absolute NNN Lease with zero landlord responsibilities. The Dollar General lease is corporately guaranteed by Dollar General, Inc., which holds a credit rating of “BBB” and this is classified as investment grade. The subject offering represents an ideal opportunity for a 1031 Exchange buyer. This investment will offer a new owner continued success due to the financial strength and proven profitability of the tenant.

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Highlights

  • • Absolute NNN Lease/Zero Landlord Responsibilities
  • • 9,001 square feet on 1.22 Acres of Land
  • • In close proximity to national retailers CVS, Waffle House, Subway, Mcdonald's, and more
  • • Population Exceeds 49,000 Residents within a 10 Mile Radius
  • • Average Annual Household Income exceeds $55,000 within a 5 Mile Radius
  • • Corporate Guaranteed Lease

Contacts

broker

Steve Sagmani

Exclusive Realty

(248) 833-6601

Location

Getting Around

  • Walk Score ®

    7/100 Car-Dependent
  • Bike Score ®

    32/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Grand Bay, AL
  • Neighborhood Grand Bay
  • Zip Code 36541
  • Market Mobile

Points of Interest

  • Compac Food Stores

    7.01 miles

  • Kountry Korner

    8.76 miles

  • Compac Food Stores

    8.93 miles

  • Bayou Seafood Co. Eatery & Market

    3.35 miles

  • Hardee's

    4.51 miles

  • Waffle House

    4.64 miles

  • China Chef

    9.25 miles

  • McDonald's

    9.63 miles

  • Hardee's

    9.65 miles

  • Subway

    9.67 miles

  • Hacienda San Miguel's

    9.68 miles

  • Walmart Neighborhood Market

    8.69 miles

  • Winn-Dixie

    9.65 miles

  • Greer's Old Bay Market

    9.97 miles

Frequently Asked Questions

What is the lease rate for Dollar General?

Rental asking rate at Dollar General is $800,000.00/YR.

What is the total square footage of Dollar General?

Dollar General totals 9,002 square feet.

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Contact Listing Broker

broker

Steve Sagmani

Exclusive Realty

(248) 833-6601