Listed by Encore Real Estate Investment Services
$1,615,000
Family Dollar
Details
Property Type Retail
Sub Type Convenience Store
Square Footage 9,180
Cap Rate 7.75%
NOI $125,174
Occupancy 100%
Tenancy Single
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 09/30/2031
Remaining Term 5.3
Rent Bumps Yes
Lease Options Six (6) - Five (5) Year Options
Price per SqFt $176
Class A
Year Built 2015
Buildings 1
Acreage 1.500
Zoning PDC
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 10/01/2016
Ground Lease No
Retail | 7.75% CAP | 9,180 SqFt
Investment highlights
- Absolute NNN Lease with Zero Landlord Responsibilities
- 9,180/SF Freestanding Single-Tenant Family Dollar Situated on 1.50 Acres
- 5+ Years Remaining in the Term with Six (6), 5-Year Options Available
- Strong 10% Rent Increases Every 5 Years Throughout The Initial Term and Options
- Upgraded Family Dollar All-Brick Prototype Construction
- RARE Dollar Store Demographics | Average Household Income In a 5-Mile Radius Exceeds $72,000 | Population Exceeds 99,000 People In a 5-Mile Radius
- Excellent Visibility and Access From Mercer University Drive with Daily Vehicle Counts Exceeding 24,500
- One Of Family Dollar's Top-Performing Locations In The State Of Georgia | Ranked #65 Out Of 316 Locations In The Entire State
- 2 Miles To Middle Georgia State University (MGA) | ±8,800 Students
- 4 Miles To Mercer University | ±9,000 Students | Consistently Ranked Among The Top Private, National Research Universities In The U.S.
- 84 Miles To Atlanta, GA
- National Retailers Surrounding Subject Property Include The Home Depot, Aldi, Kroger, Sam's Club, Best Buy, Staples, Walmart Supercenter, Chick-fil-A, and Many More
Listing Contacts
Listed by Encore Real Estate Investment Services
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$125,174.00
$10,431.17/mo
Valuation Metrics
0
DSCR
7.75%
Cap Rate
7.75%
ROI
Map
Zoning
PDS PlannedPlanned Development Single Use District
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View all 117 uses Last updated Apr 15, 2026 For deeper zoning details, reports are available at Zoneomics
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