Dollar General – Grand Bay, AL — photo 1 of 4Sold1 / 4
Dollar General – Grand Bay, AL

Retail – Discount / GroceryGrand Bay, ALCode AMC-5381

Dollar General – Grand Bay, AL

Grand Bay, AL

Status

Sold

Closed Jul 18, 2026 · Listed Jan 9, 2026

Sale price and cap rate are not disclosed. Property facts are shown as marketed.

Property details

Tenant
Dollar General
Property type
Retail – Discount / Grocery
Lease type
Absolute NNN
Lease guarantee
Corporate Guarantee
Term remaining
6.3 yrs
Renewal options
Long-term lease with over 6 years of remaining term, featuring five (5) five-year renewal options and built-in rental increases
Listing code
AMC-5381
Views
1

Investment highlights

  • Strategically positioned along Alabama’s Coastal Connection (AL-188), offering strong visibility and exposure to ±5,492 vehicles per day
  • Long-term lease with over 6 years of remaining term, featuring five (5) five-year renewal options and built-in rental increases
  • Absolute NNN lease structure, providing zero landlord responsibilities and truly passive ownership
  • Located within the Mobile, AL Metropolitan Statistical Area, one of the fastest-growing metro regions in the state

Sale description

AMC Real Estate Investment Services is proud to present the opportunity to acquire a single-tenant Dollar General located at 10090 AL-188 in Grand Bay, Alabama. The property was constructed in 2017 and features a ±9,002 square foot building situated on a oversized ±1.22-acre parcel along Alabama’s Coastal Connection, offering strong visibility and exposure to approximately 5,492 vehicles per day The asset is leased to Dollar General on an absolute NNN basis, providing truly passive ownership with zero landlord responsibilities. The lease has approximately ±6.3 years of remaining term and includes five (5) five-year renewal options with 10% rental increases at each option period. The current annual rent of $93,287 produces a 7.50% cap rate at the offering price, making this an attractive blend of yield and long-term stability Strategically located within the Mobile, Alabama Metropolitan Statistical Area—one of the fastest-growing metro regions in the state—the property benefits from a strong regional trade area and consistent consumer demand. Dollar General, a publicly traded Fortune 500 company (NYSE: DG) with an S&P investment-grade credit rating of BBB, continues to expand its national footprint, reinforcing the long-term viability of the tenancy

Published Jan 9, 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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Grand Bay, AL

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 sitePopulationAverage income
3 Mile5,701$60,513
5 Mile19,281$67,441
10 Mile51,280$67,721

Listing brokers

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Status

Sold

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