Dollar General 1197 Jq Harvey Rd 9,100 SF 100% Leased Retail Building Jakin, GA 39861 $1,490,486 CAD ($163.79 CAD/SF) 7.50% Cap Rate

Marcus & Millichap is pleased to present an opportunity to acquire a single-tenant, absolute NNN-leased Dollar General located in Jakin, Georgia. The 9,100-square-foot property, built in 2018, is situated on approximately 2.06 acres along U.S. Highway 84, serving as a primary retail corridor for the surrounding rural community. The asset is backed by a corporate-guaranteed lease with Dollar General, one of the nation’s largest discount retailers, providing stable and predictable income.
The investment features approximately 7+ years of remaining lease term, with rent commencing in September 2018 and expiring in August 2033. The lease is structured as an absolute triple-net, offering zero landlord responsibilities, including roof and structure, making it a passive ownership opportunity. Additionally, the lease includes five 5-year extension options, each with 10% rental increases, providing long-term income growth and inflation protection.
Strategically positioned as the only general merchandise store within a five-mile radius, the property benefits from limited competition and serves as a critical retail destination for the local population. The location offers strong regional connectivity, with proximity to Dothan, Alabama, a key employment and retail hub. Supported by consistent demand for essential goods and Dollar General’s proven business model in rural markets, this asset presents a secure, long-term net lease investment with durable cash flow.
Broker of Record | John Leonard | 1100 Abernathy Road, NE Bldg. 500, Suite #600, Atlanta, GA | 678-808-2700 | License #: 252904