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17 Minchew Rd
10,640 SF Retail Building Axson, GA 31624 £1,246,771 (£117/SF) 7% Net Initial Yield
Investment Highlights
- Zero Landlord Responsibilities
- 2023 BTS Construction | Upgraded Storefront
- Limited Competition Area | Nearest Dollar Store Over 7 Miles Away
- Corner Location | Easy Access to Highway 82
- 4,831 Cars Per Day on Highway 82
- Three Mile Household Income $57,020
Executive Summary
This Dollar General is highly visible as it is strategically positioned on the corner of Minchew Road and Highway 85 which sees 4,831 cars per day. The ten mile population from the site is 6,896 while the three mile average household income is $57,020 per year, making this location ideal for a Dollar General. This area is also seeing an increase in population growth. The Subject offering represents an ideal opportunity for a 1031 exchange buyer or a “passive” investor to attain the fee simple ownership of Dollar General. This investment will offer a new owner continued success due to the financial strength and the proven profitability of the tenant, the nation’s top dollar store. List price reflects a 7.00% cap rate based on the NOI of $110,472.
Instate Broker of Record: Brian Brockman | Bang Realty
Property Facts
MAJOR TENANTS Click Here to Access
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
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- Retailer
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99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
At Dollar General, their actions are guided by a simple mission: Serving Others. For their customers, this means placing them at the center of all they do, working every day to deliver value and convenience through their neighborhood general stores. For their employees, this means respect and the opportunity to grow and develop their careers, and for their communities, this means helping support the communities they call home. They strive to make shopping hassle-free and affordable with easy-to-shop stores. Their stores deliver everyday low prices on items including food, snacks, health and beauty aids, cleaning supplies, basic apparel, housewares, seasonal items, paper products and much more from America’s most-trusted brands and products, along with high-quality private brands.
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
|
|
Retailer | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
PROPERTY TAXES
| Parcel Number | 0050A031 | Improvements Assessment | £208,062 |
| Land Assessment | £1,004 | Total Assessment | £209,066 |
PROPERTY TAXES
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Power Broker Bryan Bender -
Fortis Net Lease
Presented by
17 Minchew Rd
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