Map of Property

Dollar General

For Sale

31 Megan Ln, Cullman, AL 35057

This Cullman property for sale is located at 31 Megan Ln. The current listed sale price for Dollar General is $800,000. Dollar General is situated on a lot that is 0.3 acre in size.

Contacts

broker
Peter George

Encore Real Estate Investment Services

Property Details

  • 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..
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

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.

Getting around

  • 20/100

    Walk Score ®

  • 28/100

    Bike Score ®

Powered by Walk Score ®

Location

  • 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

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Peter George

Encore Real Estate Investment Services

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.