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

Retail – Discount / GroceryGainesville, ALCode AMC-5676

Dollar General – Gainesville, AL

9345 STATE ST, GAINESVILLE, AL 35464

Asking price

$1,132,884

Cap rate: 7.35%
NOI: $83,267

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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: 8.6 yrs
Renewal options: Five, Five-Year Renewal Options with 10% Rental Increases
Listing code: AMC-5676

Investment highlights

Absolute NNN Lease with zero landlord responsibilities
Corporately Guaranteed Lease by Dollar General (S&P: BBB)
Limited retail competition nearby for everyday needs
Subject property is 85 miles from city of Birmingham
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 Gainesville, Alabama, offered as part of a 7-property Alabama portfolio. The property operates under an absolute NNN lease with zero landlord responsibilities and is corporately guaranteed by Dollar General, an investment grade tenant (S&P: BBB). The lease features five, five-year renewal options each with 10% rental increases, providing built in income growth and inflation hedge. Gainesville is located in Sumter County in western Alabama, approximately 85 miles from the city of Birmingham. The store sits in the center of town directly across from the municipal complex with limited retail competition nearby for everyday needs, positioning it as the primary destination for the surrounding community. This property is being offered exclusively as part of the 7-property Alabama Dollar General portfolio and will not be sold individually.

Published Jul 2, 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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9345 STATE ST, GAINESVILLE, AL 35464

Pin placed from the listed street address. Site boundaries and conditions are described in the offering memorandum.

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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	278	$43.4k
5 Mile	701	$44k
10 Mile	2,731	$46.5k

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 $83,267

Down payment$396,509 equity

All-cash at 100%Loan $736,375 · LTV 65%

Interest rate

% / yr

Amortization

years

Estimated returns

Equity: $396,509
Loan: $736,375

Net operating income (annual): $83,267
Monthly debt payment: $5,088
Annual debt service: $61,052
Cash flow after debt service: $22,215
Cash-on-cash return: 5.6%
Debt service coverage (DSCR): 1.36×

Discuss financing with an advisor

Estimates for Dollar General – Gainesville, 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.