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29253247
29253248

4930 Austell Rd, Austell, GA 30106

SH
FL FL BK3002796
Chapman Commercial Real Estate
Listed by Chapman Commercial Real Estate
$1,600,000
139 days on market
Updated 134 days ago

Dollar Tree at former Rite Aid

Details
APN 19114000590, 1911400600, 1911400700
Property Type Retail
Sub Type Convenience Store
Square Footage 11,200
Net Rentable (SqFt) 11,200
Units 1
Cap Rate 6.66%
NOI $106,542
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar Tree
Lease Type NN+
Lease Term 12.3
Lease Expiration 06/30/2029
Remaining Term 4
Rent Bumps Yes
Lease Options Two (5-year options)
Price per SqFt $143
Broker Co-Op Yes
Class B
Year Built 1997
Year Renovated 2017
Buildings 1
Stories 1
Acreage 3.800
Zoning CRC/WS
Parking Spaces 101 spaces
Parking Per SqFt 9.02
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 03/30/2017
Occupancy Date 03/30/2017
Ground Lease No

Value added opportunity. Extra property could be developed.

Marketing description

4930 Austell Road offers a prime retail opportunity in the heart of Austell, GA, with excellent visibility and high traffic. Situated on a major North-South corridor and positioned on a corner parcel, this property is conveniently located across the street from a high school, providing a strong local customer base and an ideal location for businesses seeking a prominent presence in a thriving commercial corridor. Originally built as a drugstore with a drive-thru (formerly a Rite Aid), the property features a new roof installed in 2025 and a recently renovated parking lot in 2023. Additionally, the location is approximately 17 miles from downtown Atlanta, providing easy access to a major metropolitan market.

Investment highlights

3.8 acres with a potential for additional development.

Lease expires June 30, 2029.

All block building with drive-thru.

Ample parking.

Access to both roads.

New roof in 2025.

Listing Contacts

SH
FL FL BK3002796
Chapman Commercial Real Estate
Listed by Chapman Commercial Real Estate

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$106,542.00
$8,878.50/mo

Valuation Metrics

0
DSCR
6.66%
Cap Rate
6.66%
ROI

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