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Dollar General 284 Old Highway 140 NW 10,542 SF 100% Leased Retail Building Adairsville, GA 30103 $3,423,608 CAD ($324.76 CAD/SF) 6.40% Cap Rate
Investment Highlights
- Brand-new construction with rent commencement scheduled for June 2026.
- Positioned along Hwy 140 with approximately 16,400 vehicles per day and 4.3 miles from I-75.
- Investment-grade tenant (S&P: BBB) operating 21,000+ stores nationwide.
- 15-year corporate-guaranteed NNN lease with 5% rent increases every five years.
- Located within the Atlanta MSA, a major economic hub with over 6.4 million residents.
- Zero landlord responsibilities under a true NNN lease structure.
Executive Summary
This newly constructed Dollar General property in Adairsville, GA, offers a secure, long-term investment opportunity within the Atlanta MSA, one of the Southeast’s fastest-growing economic hubs. The asset features a 15-year corporate-guaranteed NNN lease commencing June 2026, with 5% rental increases every five years and five additional five-year renewal options. The lease structure places 100% of operating expenses, including taxes, insurance, and maintenance, on the tenant, ensuring zero landlord responsibilities.
Strategically located along Hwy 140, the property benefits from strong visibility and traffic counts of approximately 16,400 AADT. It is positioned 4.3 miles from Interstate 75, providing direct connectivity to Atlanta and Chattanooga, and is surrounded by a mix of residential neighborhoods, retail centers, and major employers. The Hwy 140 corridor supports over 35,000 jobs in manufacturing, logistics, and distribution, driving consistent consumer demand.
Dollar General, a Fortune 500 company with an S&P investment-grade credit rating of BBB, operates more than 21,000 locations nationwide and continues to expand aggressively. This combination of a high-credit tenant, long-term lease, and strategic location makes this property a compelling choice for investors seeking stable income and long-term value.
Strategically located along Hwy 140, the property benefits from strong visibility and traffic counts of approximately 16,400 AADT. It is positioned 4.3 miles from Interstate 75, providing direct connectivity to Atlanta and Chattanooga, and is surrounded by a mix of residential neighborhoods, retail centers, and major employers. The Hwy 140 corridor supports over 35,000 jobs in manufacturing, logistics, and distribution, driving consistent consumer demand.
Dollar General, a Fortune 500 company with an S&P investment-grade credit rating of BBB, operates more than 21,000 locations nationwide and continues to expand aggressively. This combination of a high-credit tenant, long-term lease, and strategic location makes this property a compelling choice for investors seeking stable income and long-term value.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Building Size
10,542 SF
Building Class
B
Year Built
2026
Construction Status
Under Construction
Price
$3,423,608 CAD
Price Per SF
$324.76 CAD
Cap Rate
6.40%
NOI
$219,033 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.11
Lot Size
2.27 AC
Frontage
Amenities
- Corner Lot
- Dedicated Turn Lane
- Freeway Visibility
- Pylon Sign
- Signage
- Signalized Intersection
Not walkable
10/100
Exceptionally drivable
90/100
Somewhat bikeable
20/100
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Dollar General | 284 Old Highway 140 NW
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