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33463961

1 N. Zack Hinton Parkway, McDonough, GA 30253

BW
GA 305065
SWE Realty
Listed by SWE Realty
$1,573,333
0 days on market
Updated 0 days ago

Dollar General | 4-Sided Masonry | Heart of McDonough, GA

Details
Property Type Retail
Sub Type Convenience Store
Square Footage 9,679
Cap Rate 6.75%
NOI $106,200
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar General
Lease Type NN+
Lease Expiration 02/28/2029
Remaining Term 2.7
Rent Bumps Yes
Class B
Year Built 1996
Acreage 1.230
Parking Spaces 52 spaces
Parking Per SqFt 5.37
Investment Type Net Lease
Tenant Credit Credit Rated
Lease Commencement 02/24/2019
Ground Lease No

Strong Demos | 6.75% CAP | Atlanta, GA MSA

Marketing description

This Dollar General has a high-visibility and easily accessible location along N Zack Hinton Pkwy. An average annual household income of $104,619 within a 5-mile radius provides an affluent and reliable customer base. Conveniently located 3 miles from Interstate 75 and 30 miles from Atlanta, GA.

Situated in one of Metro Atlanta's fastest-growing counties, supported by continued residential growth, industrial expansion, and commercial investment. Nearby Atlanta Motor Speedway, one of the Southeast's premier motorsports venues, attracting visitors from across the Southeast for NASCAR and major events. Benefits from proximity to Hartsfield-Jackson Atlanta International Airport, the nation's busiest airport, and Atlanta's 6+ million population metro area.

Investment highlights

  • Freestanding Dollar General with Two (2) - Five (5) Year Option Periods Remaining
  • Dollar General is Investment Grade Credit rated "BBB" by Standard & Poor's and "Baa2" by Moody's
  • Positioned along Zack Hinton Parkway, a major retail and commuter corridor connecting Interstate 75, Downtown McDonough, national retailers, and the area's rapidly growing residential base
  • Limited direct competition within the surrounding trade area supports consistent customer demand and store sales performance
  • Near major employers including Piedmont Hospital, Luxottica Distribution Center, The Home Depot Distribution Center, and numerous logistics and manufacturing operations
  • Excellent visibility with over 15,600 Vehicles Per Day on N Zack Hilton Parkway
  • Henry County average household income exceeds $104,619 within a 5- mile radius of site
  • Population over 92,000+ within 5 miles
  • Located within the Atlanta MSA, one of the nation's largest and fastest-growing metropolitan economies

Listing Contacts

BW
GA 305065
SWE Realty
Listed by SWE Realty

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$106,200.00
$8,850.00/mo

Valuation Metrics

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DSCR
6.75%
Cap Rate
6.75%
ROI

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