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Family Dollar (Dark) 9290 Lavonia Rd 7,313 SF Retail Building Carnesville, GA 30521 $1,305,071 CAD ($178.46 CAD/SF) 9.50% Cap Rate
Investment Highlights
- Absolute NNN lease with zero landlord responsibilities, offering 100% passive income.
- Tenant contractually obligated to pay rent, taxes, insurance, and maintenance through lease end.
- Located directly off Lavonia Road (GA-59) with access to nearby Interstate 85 (I-85).
- Family Dollar operates over 7,100 locations with ~$13B in reported revenue last Fiscal Year.
- Passive value-add play with high-yield corporate income and long-term repositioning upside.
- Median household income ~$85,000; 38% of population earning between $75,000 and $149,000.
Executive Summary
Broker Of Record
Maxx Bauman
Matthews Real Estate Investment Services, Inc
451849, 80041 (GA)
3060 Peachtree Rd NW, Ste 1450, Atlanta, GA 30305 (866) 889-0550
Maxx Bauman
Matthews Real Estate Investment Services, Inc
451849, 80041 (GA)
3060 Peachtree Rd NW, Ste 1450, Atlanta, GA 30305 (866) 889-0550
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,313 SF
Building Class
C
Year Built
2016
Price
$1,305,071 CAD
Price Per SF
$178.46 CAD
Cap Rate
9.50%
NOI
$123,979 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
1.14 AC
Zoning
001
Somewhat walkable
30/100
Exceptionally drivable
100/100
Not bikeable
10/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $594,588 CAD | |
| Land Assessment | $219,355 CAD | Total Assessment | $813,943 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$219,355 CAD
Improvements Assessment
$594,588 CAD
Total Assessment
$813,943 CAD
Contacts
-
Nathan Fitzgibbons -
Keegan Mulcahy -
Cade Norland -
Matthews Real Estate Investment Services
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Family Dollar (Dark) | 9290 Lavonia Rd
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