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29580973

80 GA-124, Jefferson, GA 30549 For Sale

LW
GA GA 360459
SWE Realty
BW
GA 305065
SWE Realty
Listed by SWE Realty
$1,666,844
163 days on market
Updated 82 days ago

Brick Dollar General | Excellent Demographics and Income

Details
Property Type Retail
Sub Type Convenience Store, Grocery Store (+1)
Square Footage 9,100
Net Rentable (SqFt) 9,100
Cap Rate 6.75%
NOI $112,512
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar General, Dollar Tree (+2)
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 05/31/2032
Remaining Term 5.9
Rent Bumps Yes
Lease Options 5/5 Year Options
Pro-Forma Cap Rate 6.75%
Pro-Forma NOI $112,512
Price per SqFt $183
Broker Co-Op Yes
Class A
Year Built 2017
Acreage 1 - 2
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 05/28/2017
Occupancy Date 05/28/2017
Ground Lease No
Ownership Fee Simple
Sale Condition 1031 exchange

Under $2 million | Rare DG Demographics

Marketing description

Investment Highlights

  • 15-Year Absolute NNN Corporate Guarantee Lease backed by Dollar General (NYSE: DG)

  • Absolute NNN structure with zero landlord responsibilities – tenant responsible for taxes, insurance, and all maintenance, including roof, structure, and parking lot

  • All-brick construction providing long-term durability and reduced capital expenditure risk

  • 2017 Build-to-Suit development featuring a 9,100 SF prototype

Strong Market & Demographics

  • Average household income exceeds $115,000 within a 1-mile radius

  • Projected 3% annual growth over the next five years

  • Sub-$2 million price point, offering accessibility for 1031 and private investors

  • Strategically located near Interstate 85 in Jefferson, Georgia, providing strong regional connectivity

Credit Tenant with Proven Financial Strength

  • Investment-grade tenant with “BBB” credit rating from S&P and “Baa2” from Moody’s

  • $34.2+ billion in annual revenue

  • Fortune 500 company, ranked #91

  • Over 19,130 locations across 48 states, demonstrating national scale and operational resilience

Real Estate Fundamentals

  • High-visibility location along a primary thoroughfare

  • Dense surrounding residential base with strong single-family housing presence

  • Close proximity to Interstate access, supporting consistent traffic flow

  • Large 1.52-acre parcel, allowing for optimal site layout and long-term functionality

  • Lower rent and price point relative to competing retail, supporting tenant longevity

Listing Contacts

LW
GA GA 360459
SWE Realty
BW
GA 305065
SWE Realty
Listed by SWE Realty

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$112,512.00
$9,376.00/mo

Valuation Metrics

0
DSCR
6.75%
Cap Rate
6.75%
ROI

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Additional Information

Name
Luke Waters
License
GA 360459
Brokerage Address
4151 Ashford Dunwoody Road Northeast
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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