2627 PANOLA ROAD LITHONIA GA 30058
Net Leased Family Dollar | 9.25% CAP | Corporate Guarantee
Marketing description
PROPERTY OVERVIEW
Rare opportunity to acquire a corporately guaranteed Family Dollar investment featuring a net lease, investment-grade tenant credit, scheduled rent increases, and a passive ownership structure. Situated on a 1.22-acre site within a growing trade area, the property offers stable cash flow and long-term appreciation potential.
• 100% leased to Family Dollar and Corporate-guaranteed Lease
• Net lease providing a passive, management-free investment
• High yield property in metro-Atlanta coridor off of I-20
• Three (3) additional 5-year renewal options
• Rental increases at each renewal option, providing built-in income growth
2nd Five Year Option - $162,840
3rd Five Year Option - $179,124
4th Five Year Option - $197,036
• Strategically positioned on a 1.22 acre site
• Affluent trade area with median household income of $62,026 within a 1-mile radius
• Strong consumer base supported by a population of 253,367 residents within a 5-mile radius
• Market benefits from continued residential growth and expanding population trends
• Essential-needs retailer with a recession-resistant business model
• Ideal passive investment featuring corporate backed investment, contractual rent growth, and minimal landlord responsibilities
Investment highlights
This offering presents an established, net-leased Family Dollar in Lithonia, Georgia, priced at $1,600,000 with an attractive 9.25% cap rate on $148,036 in annual net operating income. The lease structure is NN, providing minimal landlord responsibilities, and is supported by a corporate guarantee, offering investors durable and predictable cash flow from a nationally recognized credit tenant. The initial five-year option lease term runs through March 31, 2028, and includes three 5-year renewal options with rent increases in each option period, creating long-term income stability and built-in rental growth.
2nd Five Year Option - $162,840
3rd Five Year Option - $179,124
4th Five Year Option - $197,036
Located at 2627 Panola Rd in Lithonia, GA the asset benefits from excellent visibility and access along I-20, in the heart of the Stonecrest/Lithonia corridor. The site is positioned within an established retail area and serves a strong local customer base. The property is surrounded by national retailers including Walmart, Lowe's, Publix, Walgreens, IHOP, LA Fitness, and various restaruants. Approximately 15 miles east of Downtown Atalnta with convenient access to one of Metro Atlanta's busiest corridors.
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