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Dollar General Relocation Store 120 E Winthrope Ave 10,640 SF Retail Building Millen, GA 30442 $2,318,105 CAD ($217.87 CAD/SF) 7% Cap Rate
INVESTMENT HIGHLIGHTS
- NNN Lease/Zero Landlord Responsibilities
- Relocation of an existing store shows commitment to the area
- 8 Years Remaining on Lease
- Ranked in the 85th Percentile for Store Visits Nationwide by Placer.ai
EXECUTIVE SUMMARY
Exclusive Realty is pleased to present this 10,640 square foot Dollar General store located in Millen, Georgia. The property has an Absolute NNN Lease leaving zero Landlord responsibilities. The Lease is guaranteed by Dollar General which holds a credit rating of "BBB" and this is classified as investment grade. This is a rare Dollar General "PLUS" store. The subject offering represents an ideal opportunity for a 1031 Exchange buyer. This investment will offer a new owner continued success due to the financial strength and the proven profitability of the tenant, one of the nation’s top dollar stores
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PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,640 SF
Building Class
B
Year Built
2018
Price
$2,318,105 CAD
Price Per SF
$217.87 CAD
Cap Rate
7%
NOI
$162,267 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
1.59 AC
Opportunity Zone
Yes
Zoning
C - Commercial
Parking
29 Spaces (3.48 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | M15-023 | Improvements Assessment | $239,112 CAD |
| Land Assessment | $60,929 CAD | Total Assessment | $300,042 CAD |
PROPERTY TAXES
Parcel Number
M15-023
Land Assessment
$60,929 CAD
Improvements Assessment
$239,112 CAD
Total Assessment
$300,042 CAD
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Dollar General Relocation Store | 120 E Winthrope Ave
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