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Dollar General

17002 GA Hwy 129, Macon, GA 31217

Listing Price: $1,545,000

Cap Rate
6.15%
Tenant Name
Dollar General
Years Remaining On Lease
9.8
Guarantor
Corporate Guarantee
Rentable SF
9,100
Lease Type
Absolute Net
Rent Per Square Feet
$10.44

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire an absolute net Dollar General in Macon, Georgia. The property consists of a 9,432-square-foot, freestanding building that sits on approximately 2.34 acres of land. There are approximately 9.8 years remaining on the current lease term, with a 10 percent rental escalation scheduled in the next option, as well as each option thereafter.

Investment Highlights

  • Absolute Net Lease with 9.8 Years Remaining
  • Upgraded Brick Construction – 2023 Renovation
  • Large 2.34 Acre Parcel with Ample Parking and Multiple Access Points
  • More than 93,676 Residents Within a 10-Mile Radius
  • 1.1 Miles to Interstate 16, Where Traffic Counts Exceed 25,044 Vehicles per Day
  • Near Robins Air Force Base - More than $1 Billion Annual Payroll

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s) GA: 252904

    Georgia

Financing By

Discount

Dollar General

Listing Price: $1,545,000

Cap Rate
6.15%
Tenant Name
Dollar General
Years Remaining On Lease
9.8
Guarantor
Corporate Guarantee
Rentable SF
9,100
Lease Type
Absolute Net
Rent Per Square Feet
$10.44

Investment Highlights

  • Absolute Net Lease with 9.8 Years Remaining
  • Upgraded Brick Construction – 2023 Renovation
  • Large 2.34 Acre Parcel with Ample Parking and Multiple Access Points
  • More than 93,676 Residents Within a 10-Mile Radius
  • 1.1 Miles to Interstate 16, Where Traffic Counts Exceed 25,044 Vehicles per Day
  • Near Robins Air Force Base - More than $1 Billion Annual Payroll

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire an absolute net Dollar General in Macon, Georgia. The property consists of a 9,432-square-foot, freestanding building that sits on approximately 2.34 acres of land. There are approximately 9.8 years remaining on the current lease term, with a 10 percent rental escalation scheduled in the next option, as well as each option thereafter.

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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