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New NNN Dollar General - Waycross, GA MSA 6301 Valdosta hwy

10,640 SF Retail Building Manor, GA 31550 £1,458,626 (£137/SF) 6.75% Net Initial Yield

Executive Summary

*Freestanding Dollar General Store
*Absolute NNN Corporate Backed Lease
*New 2024 Construction
*Upgraded Storefront
*Five (5) – Five (5) Year Option Periods with 5% Guaranteed Rental Increases Every 5 Years during Initial Term and in each Option Period
*Average Household Income exceeds $124,478 Within a 3- Mile Radius of Site
*Located along US - 84, a major north-south thoroughfare between Waycross and Valdosta
*Limited Competition in Immediate Surrounding Market Should Equate to Strong Store Sales Performance
*Conveniently located 15 miles to Waycross, GA

Attachments

DG Manor GA Flyer

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Convenience Store
Building Size
10,640 SF
Year Built
2024
Price
£1,458,626
Price Per SF
£137
Net Initial Yield
6.75%
NOI
£98,457
Tenancy
Single
Number of Floors
1
Building FAR
0.11
Lot Size
2.31 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
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(404) 475-9000

Contact

  • Listing ID: 32000867

  • Date on Market: 03/06/2024

  • Last Updated:

  • Address: 6301 Valdosta hwy, Manor, GA 31550

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© 2024 CoStar Group

New NNN Dollar General - Waycross, GA MSA | 6301 Valdosta hwy
(404) 475-9000 x

New NNN Dollar General - Waycross, GA MSA | 6301 Valdosta hwy

Bill Weitzenkorn

(404) 475-9000

(404) 475-9000

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