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31636575
31636576

1707 4 H Club Rd, Augusta, GA 30906

BM
GA 263081
Marcus & Millichap - Atlanta
Listed by Marcus & Millichap - Atlanta
$1,813,824
52 days on market
Updated 52 days ago

Dollar General

Details
Property Type Retail
Sub Type Storefront
Square Footage 10,640
Cap Rate 6.25%
NOI $113,364
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar General
Lease Type NNN
Lease Term 15
Lease Expiration 11/30/2038
Remaining Term 12.5
Rent Bumps Yes
Lease Options Five, 5-Year Options
Price per SqFt $170
Broker Co-Op Yes
Year Built 2023
Acreage 3.200
Investment Type Net Lease
Lease Commencement 11/18/2023
Ground Lease No

Absolute NNN | Augusta, GA | $93K AHI | 12+ Years | 3+ Acre Corner Parcel

Investment highlights

LOCATION:

  • Affluent suburb of Augusta, GA- located approximately 10 miles South of downtown Augusta
  • Average Household Income in the 1-mile radius is over $93,000
  • Over 40,000 residents within a 5-mile radius
  • Less than one mile from a Food Lion/Petsense anchored shopping center, a new Parker’s Convenience Store, Bojangles, and Circle K
  • Approximately 1 mile from the Augusta Regional Airport, which serves over 500,000 commercial passengers annually
  • Near several large industrial facilities including FedEx, RBW, Kimberly-Clark, and Generac
  • ADT of nearly 20,000 cars/day directly in front of Dollar General
  • The Augusta MSA has over 630,000 residents with a projected growth rate of approximately 3.0% over the next five years
  • The Augusta MSA is a center for medicine, biotechnology and cybersecurity activities with top employers including Medical College of Georgia, Manus Bio., Inc. and the Georgia Cyber Center
  • Fort Eisenhower is a major economic driver, housing more than 16,000 military personnel and nearly 13,500 civilian workers- the facility houses the U.S. Army Cyber Command
  • Augusta is home to Augusta National Golf Club which hosts the world-famous Masters Tournament which attracts more than 40,000 spectators and tourists to the region every year

TENANT:

  • Corporate Guarantee from Dollar General Corporation
  • Dollar General Corporate, founded in 1939, currently operates nearly 21,000 locations across the U.S. and Mexico and plans to open an additional 450 locations in 2027
  • Dollar General Corporation reported revenue of $42.7 Billion and a net income of $1.5 Billion in 2025, which was a 34% increase from 2024

LEASE TERM & PROPERTY INFORMATION:

  • 12+ years remaining on an absolute NNN Lease with Dollar General
  • Lease contains five (5), five (5) year options to extend all with 10% increases
  • Conservative rent of only $10.65/SF ($113,364/year)
  • Strong Placer. ai data- this store ranks in the 74th percentile nationally and 73rd percentile in Georgia (284/1,056 stores) with 163.6K visitors the past 12 months
  • Very large corner lot- approximately 3.2 acres

Listing Contacts

BM
GA 263081
Marcus & Millichap - Atlanta
Listed by Marcus & Millichap - Atlanta

Valuation Calculator

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$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$113,364.00
$9,447.00/mo

Valuation Metrics

0
DSCR
6.25%
Cap Rate
6.25%
ROI

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Additional Information

Name
John Leonard
License
GA 252904
Brokerage
Marcus & Millichap Real Estate Investment Services
Brokerage Phone
(678) 808-2700
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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