Dollar General – Ashland, AL — photo 1 of 2 — Dollar General – Ashland, AL

Retail – Discount / GroceryAshland, ALCode AMC-5682

Dollar General – Ashland, AL

75360 Alabama 9, Ashland, AL 36251

Asking price

$1,162,041

Cap rate: 7.35%
NOI: $85,410

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Property details

Tenant: Dollar General
Property type: Retail – Discount / Grocery
Lease type: Absolute NNN
Lease guarantee: Credit Rated, Corporate Guarantee
Term remaining: 8.7 yrs
Renewal options: Five, Five-Year Renewal Options with 10% Rental Increases
Listing code: AMC-5682

Investment highlights

Absolute NNN Lease with zero landlord responsibility
Long lease term remaining 9 years
Corporately Guaranteed lease by Dollar General (S&P: BBB)
Minimal retail competition in the surrounding areas
Brand New construction back in 2020
Five, Five-Year Renewal Options with 10% Rental Increases
To Be Sold Only as Part of the 7-Property Alabama Portfolio

Sale description

AMC Real Estate Investment Services is pleased to present this Dollar General located in Ashland, Alabama, offered as part of a 7-property Alabama portfolio. The property operates under an absolute NNN lease with zero landlord responsibility and is corporately guaranteed by Dollar General, an investment grade tenant (S&P: BBB). Brand new construction back in 2020 with 9 years of firm lease term remaining, the lease features five, five-year renewal options each with 10% rental increases, providing built in income growth and inflation hedge. Ashland is a small city in Clay County in east central Alabama, approximately one hour southeast of Birmingham and centrally located between Birmingham, Atlanta, and Montgomery. The store sits along AL-9 and is the only Dollar General within an 8-mile radius with minimal retail competition in the surrounding areas. This property is being offered exclusively as part of the 7-property Alabama Dollar General portfolio and will not be sold individually.

Published Jul 7, 2026. Information is provided by AMC REIS from sources believed reliable; buyers should verify all figures in the offering memorandum.

Location

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75360 Alabama 9, Ashland, AL 36251

The pin shows the approximate location at city level. The exact address is disclosed to qualified buyers on request.

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Demographics

Population and average household income by radius from the site, as marketed.

Radius from site	Population	Average income
3 Mile	687	$88.8k
5 Mile	1,575	$91.2k
10 Mile	7,484	$77.8k

Listing brokers

Listing broker
Angelo Iacobelli
Managing Partner
(586) 200-0044 angelo@amcreis.com
BB
Broker of record
Brian Brockman
Bang Realty-Alabama Inc
(513) 898-1551 bor@bangrealty.com
License 119315

Investment calculator

Model the deal with your own down payment, rate and amortization. NOI, debt service, cash-on-cash return and DSCR update instantly.

Your scenario

Purchase price

USD

Pre-filled from the asking price; adjust to model an offer.

Cap rate

NOI = price × cap rate · marketed NOI $85,410

Down payment$406,714 equity

All-cash at 100%Loan $755,327 · LTV 65%

Interest rate

% / yr

Amortization

years

Estimated returns

Equity: $406,714
Loan: $755,327

Net operating income (annual): $85,410
Monthly debt payment: $5,219
Annual debt service: $62,624
Cash flow after debt service: $22,786
Cash-on-cash return: 5.6%
Debt service coverage (DSCR): 1.36×

Discuss financing with an advisor

Estimates for Dollar General – Ashland, AL only; not an offer of financing. Lender terms, closing costs, reserves and taxes vary. NNN leases shift operating expenses to the tenant, so NOI is modelled as price × cap rate.