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Dollar General Chickamauga

9181 GA-136, Chickamauga, GA 30707

Listing Price: $1,051,000

Cap Rate
6.90%
Tenant Name
Dollar General
Years Remaining On Lease
4.8
Guarantor
Corporate Guarantee
Rentable SF
9,014
Lease Type
Double Net
Rent Per Square Feet
$8.04

Investment Overview

Marcus & Millichap is pleased to offer for sale the Dollar General in Chickamauga, Georgia. This investment
opportunity is being offered at a price of $1,051,000 and a cap rate of 6.90%.

The 9,014 square foot property sits on 1.55 acres and was built in 2009. In 2022, Dollar General extended their double net lease to July 31, 2029 with four (4) additional five-year options.

This established rural Dollar General is one of three locations in Chickamauga that has served the community since 2009. The replacement cost to develop a new Dollar General store at this location is more than $2.0 million.

Investment Highlights

  • In 2022, Dollar General extended their double net lease to July 31, 2029.
  • This established rural Dollar General is one of three locations in Chickamauga that has served the community since 2009.
  • Dollar General has opened 1,000 stores countrywide between January 2023 and February 2024.
  • 4 Five-Year options with 10% rent increases

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 Chickamauga

Listing Price: $1,051,000

Cap Rate
6.90%
Tenant Name
Dollar General
Years Remaining On Lease
4.8
Guarantor
Corporate Guarantee
Rentable SF
9,014
Lease Type
Double Net
Rent Per Square Feet
$8.04

Investment Highlights

  • In 2022, Dollar General extended their double net lease to July 31, 2029.
  • This established rural Dollar General is one of three locations in Chickamauga that has served the community since 2009.
  • Dollar General has opened 1,000 stores countrywide between January 2023 and February 2024.
  • 4 Five-Year options with 10% rent increases

Investment Overview

Marcus & Millichap is pleased to offer for sale the Dollar General in Chickamauga, Georgia. This investment opportunity is being offered at a price of $1,051,000 and a cap rate of 6.90%. The 9,014 square foot property sits on 1.55 acres and was built in 2009. In 2022, Dollar General extended their double net lease to July 31, 2029 with four (4) additional five-year options. This established rural Dollar General is one of three locations in Chickamauga that has served the community since 2009. 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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