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8.00 Cap Dollar General pays Percentage Rent 356 Highway 114 9 100 pi² Commerce de détail Immeuble Summerville, GA 30747 1 033 825 $ CAD (113,61 $ CAD/pi²) 8% Taux de capitalisation



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Faits saillants de l'investissement
- High-Performing Dollar General: Single tenant is a top-performing Dollar General, delivering strong and consistent revenue.
- Percentage Rent Revenue: Dollar General pays percentage rent in addition to base rent, enhancing income based on store sales.
- Low-Risk Investment: Single-tenant property backed by Dollar General’s strong credit, offering stability and reliable returns.
- New 5-Year Lease Extension: Dollar General’s recent 5-year lease extension without rent reduction signals long-term commitment.
- High-Traffic Location: Positioned on busy Highway 114, ensuring excellent visibility and steady customer traffic.
- Thriving Community: Located in Summerville, GA, a growing market with increasing demand for essential retail.
Résumé de l'annonce
Colliers International is proud to present an exceptional High performing single-tenant, net-leased retail property located at 356 Highway 114, Summerville, GA 30747, exclusively leased to a high-performing Dollar General. This investment offers a compelling combination of stability, income growth, and strategic market positioning, making it an ideal acquisition for investors seeking secure, long-term returns. Backed by Dollar General’s strong corporate credit, the property features a recently extended 5-year lease without rent reduction, ensuring predictable cash flow through at least 2030. The lease structure includes percentage rent in addition to base rent, providing significant upside potential driven by the store’s robust sales performance. Positioned on the main thoroughfare through Summerville, the property benefits from its proximity to a city park, ball field, and public high school, which are proven drivers of convenience item sales at this location.
The property’s prime location on Highway 114, a high-traffic corridor, ensures excellent visibility and accessibility, capturing consistent customer traffic as the last retail option for outbound travelers and the first for those entering town. With the nearest competing store 1.6 miles away in a substantially inferior location, this Dollar General enjoys a competitive edge in the local market. Summerville’s growing population and increasing demand for essential retail services further enhance the property’s long-term value. With its low-maintenance net lease structure and creditworthy tenant, this asset offers passive investors a secure income stream with minimal management responsibilities. This Dollar General property represents a rare opportunity to acquire a high-quality retail investment with immediate cash flow and strong growth potential in a dynamic community.
The property’s prime location on Highway 114, a high-traffic corridor, ensures excellent visibility and accessibility, capturing consistent customer traffic as the last retail option for outbound travelers and the first for those entering town. With the nearest competing store 1.6 miles away in a substantially inferior location, this Dollar General enjoys a competitive edge in the local market. Summerville’s growing population and increasing demand for essential retail services further enhance the property’s long-term value. With its low-maintenance net lease structure and creditworthy tenant, this asset offers passive investors a secure income stream with minimal management responsibilities. This Dollar General property represents a rare opportunity to acquire a high-quality retail investment with immediate cash flow and strong growth potential in a dynamic community.
Faits sur la propriété
Type de vente
Investissement
Type de propriété
Commerce de détail
Sous-type de propriété
Immeuble de commerce
Taille du bâtiment
9 100 pi²
Classe d’immeuble
C
Année de construction
2005
Prix
1 033 825 $ CAD
Prix par pi²
113,61 $ CAD
Taux de capitalisation
8%
Revenu net d’exploitation
82 706 $ CAD
Location
Unique
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,29
Taille du lot
0,73 AC
Stationnement
27 places (2,97 places par 1 000 pi² loué)
Façade
128’ sur HWY 114
Principaux locataires
- Locataire
- Secteur
- pi² Occupé
- Loyer/pi²
- Fin du bail
-
- Détaillant
- -
- -
- -
Dollar General is a national discount retailer operating multiple neighborhood-scale stores throughout New Port Richey, Florida. The Massachusetts Avenue location serves surrounding residential neighborhoods with a broad assortment of everyday necessities at low price points. The store offers groceries, snacks, health and beauty products, cleaning supplies, basic apparel, paper goods, seasonal items, and private-label merchandise.
| Locataire | Secteur | pi² Occupé | Loyer/pi² | Fin du bail | ||
|
Détaillant | - | - | - |
Principaux détaillants à proximité
Impôts fonciers
| Numéro de lot | 00S22-00000-096-00A | Évaluation des bâtiments | 268 523 $ CAD |
| Évaluation du terrain | 34 576 $ CAD | Évaluation totale | 303 100 $ CAD |
Impôts fonciers
Numéro de lot
00S22-00000-096-00A
Évaluation du terrain
34 576 $ CAD
Évaluation des bâtiments
268 523 $ CAD
Évaluation totale
303 100 $ CAD
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8.00 Cap Dollar General pays Percentage Rent | 356 Highway 114
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