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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

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

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s) GA: 252904

    Georgia

Financing By

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

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s): GA: 252904

    Georgia

Financing By

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