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Dollar General 1 N 4th St

9,100 SF Retail Building Lindale, GA 30147 £627,255 (£69/SF) 8% Net Initial Yield

Executive Summary

Recent Lease Extension - Dollar General recently renewed their lease, demonstrating the tenant’s commitment to the site.
Corporate Guarantee from an Investment Grade Tenant - The lease is backed by Dollar General Corporate which has an investment grade credit (S&P: BBB).
Submarket Location - Dollar General sits on Maple Rd SE, the main retail corridor as customers head north into Rome, GA.
Metro Statistical Area - Rome, which is only 75 minutes northwest from Atlanta, is one of the largest metro areas in the state, with a population of over 100,000.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,100 SF
Building Class
B
Year Built
2004
Price
£627,255
Price Per SF
£69
Net Initial Yield
8%
NOI
£50,180
Tenancy
Single
Number of Floors
1
Building FAR
0.21
Land Acres
1.00 AC
Zoning
Commercial

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
J16X-337A
Land Assessment
£19,314
Improvements Assessment
£129,921
Total Assessment
£149,235
  • Listing ID: 33690877

  • Date on Market: 30/10/2024

  • Last Updated:

  • Address: 1 N 4th St, Lindale, GA 30147

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