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34498102
34498100

10205 Commerce Street, Summerville, GA 30747 For Sale

JS
CA 01969414
Schuchert Retail Group
JS
CA CA 01973172
Schuchert Retail Group
Listed by Schuchert Retail Group
$1,235,000
4 days on market
Updated 4 days ago

Family Dollar - Summerville, GA

Details
APN 00S2600000082
Property Type Retail
Sub Type Storefront
Square Footage 9,270
Units 1
Cap Rate 8.50%
NOI $104,975
Tenancy Single
Brand/Tenant Family Dollar
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 09/30/2029
Remaining Term 3.2
Rent Bumps Yes
Lease Options Six (6) - Five (5) Year
Price per SqFt $133
Year Built 2014
Buildings 1
Stories 1
Acreage 1.670
Parking Spaces 45 spaces
Parking per 1,000 SqFt 4.85
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Ground Lease No
Ownership Fee Simple

3.25 Yrs Abs NNN - 8.50% CAP

Marketing description

Schuchert Retail Group is pleased to exclusively present for sale the 9,270 SF Family Dollar located at 10205 Commerce St, Summerville, GA 30747.

In Conjunction With: Brian Brockman (Bang Realty-Georgia Inc.)

GA License #378952

Investment highlights

FAMILY DOLLAR CORPORATE LEASE:

Approximately 3.25 Years of Guaranteed Lease Term Remaining (Lease Exp: September 2029)

2014 Construction | Build-to-Suit Family Dollar

9,270 SF Building on 1.67 Acre Parcel

• Six (6) - Five (5) Year Renewal Options with 10% Rental Increases

ABSOLUTE NNN LEASE | A TRUE COUPON CLIPPER:

Absolute NNN Lease with ZERO Management Responsibilities

• Tenant Pays ALL Operating Expenses, Insurance & Pays Property Taxes Directly

PROXIMITY SUMMERVILLE, GEORGIA:

Rome, GA | 24 Miles

• Dalton, GA | 38 Miles

• Chattanooga, TN | 44 Miles

• Athens, GA | 89 Miles

• Huntsville, AL | 92 Miles

Greenville, SC | 215 Miles

TRADE AREA DEMOGRAPHICS:

• 1-Mile: 3,818 Residents | $53,290 Average Household Income

• 3-Mile: 10,439 Residents | $63,276 Average Household Income

• 5-Mile: 15,396 Residents | $66,166 Average Household Income

• 7-Mile: 20,310 Residents | $67,083 Average Household Income

Listing Contacts

JS
CA 01969414
Schuchert Retail Group
JS
CA CA 01973172
Schuchert Retail Group
Listed by Schuchert Retail Group

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$104,975.04
$8,747.92/mo

Valuation Metrics

0
DSCR
8.5%
Cap Rate
8.5%
ROI

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Additional Information

Name
Brian Brockman
License
GA 378952
Brokerage
Bang Realty-Georgia Inc.
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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