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Mirror Lake Pavilion 2402-2418 Devonian Dr

18,014 SF 100% Leased Retail Building Villa Rica, GA 30180 £1,788,188 (£99/SF) 8% Net Initial Yield

Investment Highlights

  • 100% LEASED TO THREE (3) TENANTS | EASE OF MANAGEMENT
  • EASILY ACCESSIBLE VIA INTERSTATE-20 | 78,000 VPD
  • LOCATED WITHIN THE MASSIVE MIRROR LAKE COMMUNITY | 1,300+ HOMES AND GROWING
  • ANCHORED BY DOLLAR GENERAL SINCE 2005
  • 30+/- MINUTES OUTSIDE OF ATLANTA, GA
  • NEARBY TENANTS: PUBLIX, WENDY'S, MCDONALD'S, TACO BELL, DUNKIN', WELLS FARGO AND MORE

Executive Summary

Dollar General Corporation has been delivering value to shoppers for more than 80 years. Dollar General helps shoppers Save time. Save money. Every day.® by offering products that are frequently used and replenished, such as food, snacks, health and beauty aids, cleaning supplies, basic apparel, housewares and seasonal items at everyday low prices in convenient neighborhood locations. Dollar General operated 18,130 stores in 46 states as of January 28, 2022. In addition to high-quality private brands, Dollar General sells products from America’s most-trusted manufacturers such as Clorox, Energizer, Procter & Gamble, Hanes, Coca-Cola, Mars, Unilever, Nestle, Kimberly-Clark, Kellogg’s, General Mills, and PepsiCo.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
18,014 SF
Building Class
C
Year Built
2006
Price
£1,788,188
Price Per SF
£99
Net Initial Yield
8%
NOI
£143,055
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.22
Land Acres
1.88 AC
Parking
52 Spaces (2.89 Spaces per 1,000 SF Leased)
Frontage
280 ft on Conners Rd

Amenities

  • Signage

Links

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PROPERTY TAXES

Parcel Number 5025-01-7-0-254 Improvements Assessment £478,398
Land Assessment £123,716 Total Assessment £602,114

PROPERTY TAXES

Parcel Number
5025-01-7-0-254
Land Assessment
£123,716
Improvements Assessment
£478,398
Total Assessment
£602,114
(678) 808-2770

  • Listing ID: 33536649

  • Date on Market: 16/10/2024

  • Last Updated:

  • Address: 2402-2418 Devonian Dr, Villa Rica, GA 30180

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© 2024 CoStar Group

Mirror Lake Pavilion | 2402-2418 Devonian Dr
(678) 808-2770 x

Mirror Lake Pavilion | 2402-2418 Devonian Dr

Robert Pfeiffer

(678) 808-2770

(678) 808-2770

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