Cap Rate
6.50%
Year Built
2011
Leasable Area
10,640 SF
Term Remaining
±10 Yrs
NOI
$116,520
Property Type
Retail
INVESTMENT HIGHLIGHTS
- Dollar General showed a strong commitment to the site by signing a new 10-year lease extension
- Per Placer.ai, this site ranks in the top 83rd percentile for Dollar Generals in Georgia
- Corporately guaranteed lease by Dollar General
- This site is Dollar General’s ±10,640 SF store prototype
- Upgraded red brick facade
- Absolute NNN, Zero Landlord responsibilities
- The 5-mile population is over 23,140
- Georgia is considered a business-friendly state by investors
- Located on State St, which sees over 9,600 cars per day
- Dollar General has over 18,770 locations
- Dollar Generals S&P rating is BBB
Broker of Record
- Kyle Matthews
- License No. 67120 (GA)
- (866) 889-0550
- Matthews Real Estate Investment Services, Inc.
- 1600 West End,
Ste. 1500 Nashville, TN 37203