Discount
Dollar General
601 W Milledgeville Rd, Harlem, GA 30814
Listing Price: $858,260
Cap Rate
6.90%
Tenant Name
Dollar General
Years Remaining On Lease
4.1
Gross SF
9,014
Guarantor
Corporate Guarantee
Rentable SF
9,014
Price/Gross SF
$95.21
Lease Type
Double Net
Rent Per Square Feet
$6.57
Investment Overview
Dollar General --- Low Price Point I Corporate Guarantee I High Growth Area
Dollar General
Investment Highlights
- Passive Income --- Double Net (NN) Dollar General w/ Limited Landlord Responsibilities Located on a Heavily Trafficked Section of Milledgeville Road with 8,230 Vehicles Passing Daily
- Lease Term --- Lease Features Over 4 Years Remaining on the Base Term with a 6 Percent Rent Increase in Each Option to Hedge Against Inflation
- Strategic Location --- Subject Property is Strategically Positioned within the Augusta MSA, the Second Largest in the State of Georgia with a Population Exceeding 608,000
- Demographics --- Situated in an Area with Over 14,000 People Living within a 5-Mile Radius with an Average Annual Household Income Exceeding $74,000
Listing Price: $858,260
Cap Rate
6.90%
Tenant Name
Dollar General
Years Remaining On Lease
4.1
Gross SF
9,014
Guarantor
Corporate Guarantee
Rentable SF
9,014
Price/Gross SF
$95.21
Lease Type
Double Net
Rent Per Square Feet
$6.57
Investment Highlights
- Passive Income --- Double Net (NN) Dollar General w/ Limited Landlord Responsibilities Located on a Heavily Trafficked Section of Milledgeville Road with 8,230 Vehicles Passing Daily
- Lease Term --- Lease Features Over 4 Years Remaining on the Base Term with a 6 Percent Rent Increase in Each Option to Hedge Against Inflation
- Strategic Location --- Subject Property is Strategically Positioned within the Augusta MSA, the Second Largest in the State of Georgia with a Population Exceeding 608,000
- Demographics --- Situated in an Area with Over 14,000 People Living within a 5-Mile Radius with an Average Annual Household Income Exceeding $74,000
Investment Overview
Dollar General --- Low Price Point I Corporate Guarantee I High Growth Area
