Skip to main content

Discount

Dollar General Lafayette

607 South Main St, LaFayette, GA 30728

Listing Price: $670,000

Cap Rate
6.90%
Tenant Name
Dollar General
Years Remaining On Lease
3.8
Guarantor
Corporate Guarantee
Rentable SF
9,100
Lease Type
Double Net
Rent Per Square Feet
$5.08

Investment Overview

Marcus & Millichap is pleased to offer for sale the Dollar General in Lafayette, Georgia. This investment opportunity is being offered at a price of $670,000 and a cap rate of 6.90%.

The 9,100 square foot property sits on 0.88 acres and was built in 2003. In 2019, Dollar General extended their double net lease to August 31, 2025 with one (1) additional five-year option.

This established rural Dollar General is one of three locations in Lafayette that has served the community since 2003. The replacement cost to develop a new Dollar General store at this location is more than $2.0 million.

Investment Highlights

  • In 2019, Dollar General extended their double net lease to August 31, 2025 with one (1) additional five-year option.
  • The established rural Dollar General is one of three locations in Lafayette that as served the community since 2003.
  • 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 Lafayette

Listing Price: $670,000

Cap Rate
6.90%
Tenant Name
Dollar General
Years Remaining On Lease
3.8
Guarantor
Corporate Guarantee
Rentable SF
9,100
Lease Type
Double Net
Rent Per Square Feet
$5.08

Investment Highlights

  • In 2019, Dollar General extended their double net lease to August 31, 2025 with one (1) additional five-year option.
  • The established rural Dollar General is one of three locations in Lafayette that as served the community since 2003.
  • 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 Lafayette, Georgia. This investment opportunity is being offered at a price of $670,000 and a cap rate of 6.90%. The 9,100 square foot property sits on 0.88 acres and was built in 2003. In 2019, Dollar General extended their double net lease to August 31, 2025 with one (1) additional five-year option. This established rural Dollar General is one of three locations in Lafayette that has served the community since 2003. 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

MM Texture Background
MM Textured Background Lower