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29645696

2434 GA-300, Cordele, GA 31015

KA
TX 708586, GA 381358 (+3)
The Kase Group
JA
CA 01385529, NE #20160307 (+1)
The Kase Group
The Kase Group
Listed by The Kase Group
$1,440,000
114 days on market
Updated 114 days ago
Opportunity zone

Family Dollar

Details
Property Type Retail
Sub Type Convenience Store
Square Footage 10,598
Cap Rate 8.75%
NOI $126,000
Occupancy 100%
Tenancy Single
Brand/Tenant Family Dollar
Lease Type NN
Lease Expiration 02/28/2034
Remaining Term 7.7
Rent Bumps Yes
Lease Options Four, 5-Year
Price per SqFt $136
Investment Type Core
Tenant Credit Corporate Guarantee

Net Leased Family Dollar | 8.75% CAP | Corporate Guarantee

Marketing description

This offering presents a newly constructed, 10-year net-leased Family Dollar in Cordele, Georgia, priced at $1,440,000 with an attractive 8.75% cap rate on $126,000 in annual net operating income. The lease structure is NN, providing minimal landlord responsibilities, and is supported by a corporate guarantee, offering investors durable and predictable cash flow from a nationally recognized credit tenant. The initial 10-year lease term runs through February 28, 2034, and includes four 5-year renewal options with $0.50/SF rent increases in each option period, creating long-term income stability and built-in rental growth. Located at 2434 Highway 300 South in Cordele, Georgia, the asset benefits from excellent visibility and access along Highway 300, a well-traveled commercial corridor. The site is positioned within an established retail area and serves a strong local customer base.

Investment highlights

New 10-year net lease with minimal landlord responsibilities

Corporate guarantee from Family Dollar providing stable cash flow

Four 5-year renewal options with $0.50/SF rent increases

Prime location near Highway 300 and I-75 with strong traffic exposure

Attractive 8.75% cap rate with long-term, stable income

Listing Contacts

KA
TX 708586, GA 381358 (+3)
The Kase Group
JA
CA 01385529, NE #20160307 (+1)
The Kase Group
The Kase Group
Listed by The Kase Group

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$126,000.00
$10,500.00/mo

Valuation Metrics

0
DSCR
8.75%
Cap Rate
8.75%
ROI

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