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Dollar General Rossville

1408 McFarland Ave, Rossville, GA 30741

Listing Price: $623,000

Cap Rate
8.00%
Tenant Name
Dollar General
Years Remaining On Lease
4.7
Guarantor
Corporate Guarantee
Rentable SF
9,014
Lease Type
Double Net
Rent Per Square Feet
$5.52

Investment Overview

Marcus & Millichap is pleased to offer for sale the Dollar General in Rossville, Georgia. This investment opportunity is being offered at a price of $722,000 and a cap rate of 6.90%.

The 9,014 square foot property sits on 1.51 acres and was built in 2004. In 2024, Dollar General exercised their first option extending their double net lease to January 31, 2030 with one (1) remaining five-year option.

This established neighborhood Dollar General is one of two locations in Rossville that has served the community since 2004. The replacement cost to develop a new Dollar General store at this location is more than $2.0 million.

Investment Highlights

  • In 2024, Dollar General exercised their first option extending their double net lease to January 31, 2030.
  • The established neighborhood Dollar General is one of two locations in Rossville that has served the community since 2004.
  • Dollar General has opened 1,000 stores countrywide between January 2023 and February 2024.

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s) GA: 252904

    Georgia

Discount

Dollar General Rossville

Listing Price: $623,000

Cap Rate
8.00%
Tenant Name
Dollar General
Years Remaining On Lease
4.7
Guarantor
Corporate Guarantee
Rentable SF
9,014
Lease Type
Double Net
Rent Per Square Feet
$5.52

Investment Highlights

  • In 2024, Dollar General exercised their first option extending their double net lease to January 31, 2030.
  • The established neighborhood Dollar General is one of two locations in Rossville that has served the community since 2004.
  • Dollar General has opened 1,000 stores countrywide between January 2023 and February 2024.

Investment Overview

Marcus & Millichap is pleased to offer for sale the Dollar General in Rossville, Georgia. This investment opportunity is being offered at a price of $722,000 and a cap rate of 6.90%. The 9,014 square foot property sits on 1.51 acres and was built in 2004. In 2024, Dollar General exercised their first option extending their double net lease to January 31, 2030 with one (1) remaining five-year option. This established neighborhood Dollar General is one of two locations in Rossville that has served the community since 2004. The replacement cost to develop a new Dollar General store at this location is more than $2.0 million.

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s): GA: 252904

    Georgia

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