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Dollar General Mini Market 750 Main st

10,640 SF Retail Building Blakely, GA 39823 £1,668,429 (£157/SF) 6.75% Net Initial Yield

Investment Highlights

  • 15-Year Absolute NNN Lease, No Landlord Responsibilities
  • Upgraded Market Store, Larger Format with Expanded Produce/Grocery Offerings
  • Dollar General is the Nation’s Largest Retailer with 19,700+ Stores
  • Rare 5% Rental Increases Every 5 Years Throughout the Base Term and Options
  • Investment Grade Credit Tenant, Rated ‘BBB’ by S&P
  • Brand New 2024 Construction on an Oversized Parcel

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
10,640 SF
Building Class
C
Year Built
2024
Price
£1,668,429
Price Per SF
£157
Net Initial Yield
6.75%
NOI
£112,635
Tenancy
Single
Number of Floors
1

Amenities

  • Signage

Nearby Major Retailers

ColorTyme
Piggly Wiggly
Food Lion
Krispy Krunchy Chicken

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
B018019021
Land Assessment
£21,149
Improvements Assessment
£101,508
Total Assessment
£122,657
  • Listing ID: 33043326

  • Date on Market: 03/09/2024

  • Last Updated:

  • Address: 750 Main st, Blakely, GA 39823

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