www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
34530185
34530184

9290 Lavonia Road, Carnesville, GA 30521 For Sale

KM
CA 2067187, TN 362005
Matthews
CN
CA 02120126
Matthews
NF
CA CA02244861
Matthews
Listed by Matthews
$931,123
5 days on market
Updated 5 days ago

Family Dollar

Details
Property Type Retail
Square Footage 7,313
Net Rentable (SqFt) 7,313
Cap Rate 9.50%
NOI $88,456
Tenancy Vacant
Lease Type Absolute NNN
Lease Expiration 01/31/2031
Remaining Term 4.5
Year Built 2015
Acreage 1.160
Lease Commencement 11/23/2015
Ground Lease No

Absolute NNN dark store with ±4.5 years remaining and zero landlord responsibilities

Investment highlights

• Absolute NNN (Dark Store) — This property features an Absolute NNN lease with zero landlord responsibilities, offering 100% passive income. Due to the fact the location is currently “dark,” a prospective purchaser benefits from steady rental cash flow while evaluating future value-add repositioning or backfill strategies.

• Corporate Tenant — The lease is signed by Family Dollar Stores of Georgia, Inc., Family Dollar operates over 7,100 locations across the country with a reported revenue of ~$13B in the last Fiscal Year. Despite the store being dark, the tenant remains contractually obligated to fulfill all financial responsibilities, including rent, real estate taxes, insurance, and property maintenance throughout the remainder of the lease term.

• Passive Value-Add Investment — This asset represents an ideal play for an investor seeking high-yield, low-risk corporate income in the short term, paired with the long-term upside of inheriting a well-maintained, freestanding commercial building in growing Northeast Georgia.

• Strategic Highway Exposure — The subject property is located directly off Lavonia Road (GA-59), a primary thoroughfare connecting Carnesville to surrounding submarkets and nearby Interstate 85 (I-85). This grants the real estate excellent long-term intrinsic value and consistent visibility.

• Strong Regional Income & Wealth — Carnesville features an impressive median household income of approximately $85,000, with a notable 38% of the local population earning between $75,000 and $149,000. This provides strong, underlying consumer purchasing power for future retail use.

Listing Contacts

KM
CA 2067187, TN 362005
Matthews
CN
CA 02120126
Matthews
NF
CA CA02244861
Matthews
Listed by Matthews

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$88,455.60
$7,371.30/mo

Valuation Metrics

0
DSCR
9.5%
Cap Rate
9.5%
ROI

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Maxx Bauman
License
451849, 80041 (GA)
Brokerage
Matthews Real Estate Investment Services, Inc
Brokerage Phone
(866) 889-0550
Title
Broker of Record
Brokerage Address
3060 Peachtree Rd NW, Ste 1450, Atlanta, GA 30305
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591