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Dollar Tree Net Lease Investment Opportunity 14094 Abercorn St 10,000 SF Retail Building Savannah, GA 31419 $4,754,713 CAD ($475.47 CAD/SF) 6.50% Cap Rate

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INVESTMENT HIGHLIGHTS

  • First new Dollar Tree prototype store in the U.S., with planned opening in June 2026, located on busy Abercorn St with over 62,000 VPD.
  • Other nearby retailers across the street include Dillard’s, Bass Pro Shop, Target, & Starbucks.
  • Located in the Savannah MSA with a population of over 431,000, representing 7% growth since 2020.
  • Trophy location - ±10,000 SF store on large ±4.5 acre outparcel to a Walmart and adjacent to Aldi’s and Verizon and across from the Savannah Mall.
  • New 10-year NN lease with limited landlord responsibilities with four 5-year renewal options.
  • Strong corporate guarantor – Dollar Tree with over 9,000 stores and growing.

EXECUTIVE SUMMARY

New Construction - Opening 2026
Dollar Tree’s first new design prototype store in Savannah, GA is planned to open in June 2026. This trophy location featuring a ±10,000 SF store situated on a large ±4.5- acre parcel on Abercorn St. took the developer over two years to secure! Traffic counts in this busy retail corridor are over 62,000 VPD!

The new store is an outparcel to Walmart, Murphy's USA gas station, Aldi, and adjacent to Verizon. The Savannah Mall, anchored by Bass Pro Shops, Target, Starbucks, and Dillard’s, is directly across the street. Other nearby retailers include The Home Depot, Lowe’s, Hobby Lobby, and Largo Plaza, anchored by Publix, all within 2 miles of the property.

In addition, Georgia Southern University’s Armstrong Campus is less than a mile east, also on Abercorn St. Hunter Army Airfield is approximately 6.4 miles northeast of the property and downtown Savannah is approximately 14 miles from it.

The new 10-year NN lease has limited landlord responsibilities – roof, structure, and parking lot capital expenses. The Tenant is responsible for all other maintenance, reimbursement of property taxes and Landlord’s property insurance. The lease has four 5-year options, with rent escalations and is corporate guaranteed by Chesapeake, VA based Dollar Tree with over 9,000 stores in the U.S.

Savannah, a well-known tourist and port city, has a population of over 431,500, up 7% since 2020. The 5-mile population from the new Dollar Tree is 76,735 with an average household income of $86,824.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,000 SF
Building Class
B
Year Built
2025
Price
$4,754,713 CAD
Price Per SF
$475.47 CAD
Cap Rate
6.50%
NOI
$309,057 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
4.50 AC
Opportunity Zone
Yes
Zoning
B-C

NEARBY MAJOR RETAILERS

Starbucks
Truist
Bank of America

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
20860A03007
Land Assessment
$312,407 CAD
Improvements Assessment
$0 CAD
Total Assessment
$312,407 CAD
  • Listing ID: 38325953

  • Date on Market: 2025-11-04

  • Last Updated:

  • Address: 14094 Abercorn St, Savannah, GA 31419

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