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Dollar General 1198 GA Highway 21 N 9,044 SF Vacant Retail Building Springfield, GA 31329 $3,586,371 CAD ($396.55 CAD/SF) 6.30% Cap Rate



Investment Highlights
- Pin-corner location at a signalized intersection along GA Hwy 21, offering excellent visibility.
- Serves a growing trade area with average household income over $102,000 within 5 miles.
- Brand-new 2026 construction built to Dollar General’s latest prototype for enhanced merchandising.
- Serves a growing trade area with average household income over $102,000 within 5 miles.
- Located within the Savannah MSA, near major logistics hubs and the Port of Savannah.
Executive Summary
This is a newly constructed (2026), freestanding Dollar General located on GA Highway 21 North in Springfield, GA, within the Savannah Metropolitan Statistical Area. Offered at $2,618,286 with a 6.30% cap rate, the property benefits from a 15-year absolute NNN lease with Dollar General Corporation, an investment-grade tenant. The lease includes five (5) five-year options and rental escalations of 5% every five years, providing predictable income growth and long-term stability.
The site is strategically positioned at a signalized intersection on GA Hwy 21, offering excellent visibility to over 7,450 vehicles per day. Situated in Effingham County, one of the fastest-growing regions in Georgia, the property is surrounded by robust demographic trends with an average household income exceeding $102,376 within a 5-mile radius. Springfield provides convenient access to Savannah, just 25 miles away, and proximity to the Port of Savannah, the third busiest container gateway in the U.S., driving logistics demand throughout the area. Nearby major retailers and distribution facilities underscore the strength of this investment.
The site is strategically positioned at a signalized intersection on GA Hwy 21, offering excellent visibility to over 7,450 vehicles per day. Situated in Effingham County, one of the fastest-growing regions in Georgia, the property is surrounded by robust demographic trends with an average household income exceeding $102,376 within a 5-mile radius. Springfield provides convenient access to Savannah, just 25 miles away, and proximity to the Port of Savannah, the third busiest container gateway in the U.S., driving logistics demand throughout the area. Nearby major retailers and distribution facilities underscore the strength of this investment.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
9,044 SF
Building Class
B
Year Built
2026
Construction Status
Under Construction
Price
$3,586,371 CAD
Price Per SF
$396.55 CAD
Cap Rate
6.30%
NOI
$225,941 CAD
Percent Leased
Vacant
Building Height
1 Story
Zoning
AR1 - Single-family residences
Agricultural uses such as farming and livestock
Certain accessory buildings and uses related to rural living
Limited home-bas
Somewhat walkable
20/100
Exceptionally drivable
100/100
Not bikeable
10/100
Nearby Major Retailers
1 of 11
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Dollar General | 1198 GA Highway 21 N
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