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9181 W Highway 136
Chickamauga, GA 30707

Dollar General - Chickamauga, GA · Retail Property For Sale

Investment Highlights

  • Replacement cost to develop a new Dollar General at this location is more than $2.0M
  • Below market rent

Executive Summary

Marcus & Millichap is pleased to offer for sale the Dollar General in Chickamauga, Georgia. This investment opportunity is being offered at a price of $1,051,000 and a cap rate of 6.90%.
The 9,014 square foot property sits on 1.55 acres and was built in 2009. In 2019, Dollar General extended their double net lease to July 31, 2029 with four (4) additional five-year options.
This established neighborhood Dollar General is one of three locations in Chickamauga that has served the community since 2009. The replacement cost to develop a new Dollar General store at this location is more than $2.0 million.

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,014 SF
Building Class
B
Year Built
2009
Price
£777,817
Price Per SF
£86
Net Initial Yield
7.30%
NOI
£56,781
Tenancy
Single
Number of Floors
1
Building FAR
0.13
Lot Size
1.55 AC
Zoning
CN

PROPERTY TAXES

Parcel Number 0256-031 Improvements Assessment £109,811
Land Assessment £12,141 Total Assessment £121,952

PROPERTY TAXES

Parcel Number
0256-031
Land Assessment
£12,141
Improvements Assessment
£109,811
Total Assessment
£121,952
 

  • Listing ID: 33381774

  • Date on Market: 02/10/2024

  • Last Updated:

  • Address: 9181 W Highway 136, Chickamauga, GA 30707

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