Listed by Marcus & Millichap - Atlanta
$785,000
Dollar General | 8.39% Cap | 4+ Years | Low Rent
Details
APN 12 17 02 03 3 003 036.002
Property Type Retail
Sub Type Grocery Store
Square Footage 9,014
Net Rentable (SqFt) 9,014
Units 1
Cap Rate 8.39%
NOI $65,892
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar General, Dollar Tree
Lease Type NN+
Lease Term 25
Lease Expiration 09/29/2030
Remaining Term 4.2
Rent Bumps Yes
Lease Options 2, 5-Year Options
Price per SqFt $87
Year Built 2005
Stories 1
Acreage 0.970
Investment Type Net Lease
Tenant Credit Credit Rated, Corporate Guarantee
Lease Commencement 09/30/2005
Ground Lease No
Sale Condition 1031 exchange
Dollar General | 20+ Year Occupancy | Low Rent
Marketing description
DOLLAR GENERAL
• PUBLICLY TRADED COMPANY ON NYSE
• INVESTMENT GRADE CREDIT | BBB/STABLE ON STANDARD & POOR’S
• 20,000+ LOCATIONS IN 48 STATES
• $42.7 BILLION NET SALES FISCAL YEAR 2025
Investment highlights
INVESTMENT HIGHLIGHTS
• LONG-TERM HISTORICAL OPERATIONS| 20+ YEARS AT THIS LOCATION
• NEW 5-YEAR LEASE EXTENSION
• NEWLY RESEALED AND RESTRIPED PARKING LOT
• LOW BASE RENT OF JUST $7.31 PER SF
• TENANT HAS EXERCISED 3 EXTENSION OPTIONS ALREADY
• GROWING COMMUNITY OF 23,000+ 5-MILE POPULATION
• DIRECTLY ACROSS FROM HUGULEY MIDDLE SCHOOL
Listing Contacts
Listed by Marcus & Millichap - Atlanta
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$65,892.00
$5,491.00/mo
Valuation Metrics
0
DSCR
8.39%
Cap Rate
8.39%
ROI
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