Map of Property

Dollar General

31 Megan Ln, Cullman, AL 35057

  • For Sale $800,000
  • Property Type Retail - Freestanding
  • Property Size 9,386 SF
  • Lot Size 0.3 Acre
  • Date Updated Mar 4, 2025
Discover the charm of Cullman, AL, an ideal location for your next investment. This vibrant community offers proximity to major national retailers like Walmart, Lowes, and Dollar General, ensuring high visibility and steady foot traffic for any retail or free-standing building endeavor. With the picturesque Smith Lake and lush parks nearby, the area is a draw for residents and visitors alike, making it a prime spot for business opportunities. Conveniently located near major highways, the city provides easy access for customers and commuters. Embrace the potential of this bustling location, where a thriving blend of commerce and community awaits..
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Highlights

  • Corporate Guaranteed Lease – Dollar General (NYSE: DG), a recession-resistant, essential retailer.
  • Strong In-Place Cash Flow – Tenant paying $5,290/month plus $270 CAM, ensuring consistent income.
  • Long-Term Stability – 3.5 years remaining on the lease with five (5-year) renewal options.
  • Built-In Rent Growth – 10% rental increases in each option period, driving long-term value.
  • Minimal Landlord Responsibilities – NN lease structure, limiting operational oversight.
  • Prime Location – Situated in Cullman, AL, a growing market with strong consumer demand and retail presence.
  • High Visibility & Accessibility – Well-positioned along a high-traffic corridor, ensuring consistent customer flow.

Contacts

broker
Peter George

Encore Real Estate Investment Services

Location

Getting Around

  • Walk Score ®

    20/100 Car-Dependent

  • Bike Score ®

    28/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Cullman, AL
  • Neighborhood Good Hope
  • Zip Code 35057

Points of Interest

  • Exxon

    0.70 miles

  • Marathon

    0.76 miles

  • Shell

    0.76 miles

  • Pure

    2.91 miles

  • Murphy USA

    3.48 miles

  • Chevron

    4.46 miles

  • Jet-Pep

    4.56 miles

  • Texaco

    6.89 miles

  • ChargePoint

    7.02 miles

  • Truck/RV Parking

    2.23 miles

  • Autos Parking

    2.29 miles

  • Applebee's

    2.90 miles

  • Zaxby's

    3.53 miles

  • Papa Murphy's

    3.55 miles

  • Jim N Nick's Barbecue

    3.61 miles

  • China Garden

    3.64 miles

  • Casa Fiesta

    3.65 miles

  • Cici's Pizza

    3.66 miles

  • Arby's

    3.67 miles

  • Milo's Hamburgers

    3.69 miles

  • Chick-fil-A

    3.71 miles

  • Walmart Supercenter

    3.41 miles

  • TJ Maxx

    3.59 miles

  • ALDI

    3.66 miles

  • Publix

    5.33 miles

  • Belk

    5.39 miles

  • Ross

    5.42 miles

Frequently Asked Questions

How much does Dollar General cost?

The space currently listed for sale at Dollar General asks for $800,000.

What is the total square footage of Dollar General?

Dollar General totals 9,386 square feet.

Looking for more in-depth information on this property?

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Contact Listing Broker
broker
Peter George

Encore Real Estate Investment Services

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