• Year Built: 2004
21455 Highway 79 is aretail property for lease in Scottsboro, AL.
This Dollar General Store (#9106) was built in 2004 and has seven years left on the current lease with two 5-year extensions remaining. The rent increase for those two extensions is 9.43% and 10.34%. The initial term was 10-years that ended November 2012.
The lease is not a typical NNN lease but is effectively a NNN lease because the Tenant reimburses the Landlord for several expenses. See the lease abstract for an explanation of this.
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