

Listed by Marcus & Millichap - Atlanta
$1,813,824
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


Listed by Marcus & Millichap - Atlanta
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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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