Dollar General

104 East Ave Roanoke, AL 36274

104 East Ave, Roanoke, AL, 36274
104 East Ave, Roanoke, AL, 36274
FOR SALE Incentives
Property Type:
Free Standing Building
Amount:
$593,023
Last Verified:
Apr 16, 2018

Highlights

  • NN Dollar General - Current Lease Expires 2/28/2019
  • Located Along Strong Retail Corridor - Several Adjacent National Credit Tenants (Tractor Supply, Advance Auto Parts, Taco Bell, Burger King)
  • Attractive Low Price Point Location - Very Low Rent
  • Roanoke Has Population of 6,000
  • Strong Traffic Counts of 11,000+ Vehicles Per Day Along US HWY 431
  • Dollar General Pays $265/month in Addition to Base Rent to Cover Landscaping/Parking Lot Maintenance

Description

Trinity REIS is pleased to present the opportunity to acquire a NN Leased Dollar General in Roanoke, Alabama. The current lease expires in March 2019.

This location is part of a 12-Unit portfolio, however, this location and others are available individually. Contact agent for more details on the other locations.


Year Built: 2004
Building Size: 9014.0sq ft
Lot Size: 1.72 acres

Map of 104 East Ave, Roanoke, AL, 36274

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.