Skip to main content

Discount

Dollar General I Limited Competition I Low Rent I Portfolio

11510 Luthersville Rd, Gay, GA 30218

Listing Price: $1,079,500

Cap Rate
7.25%
Tenant Name
Dollar General
Years Remaining On Lease
8.7
Gross SF
7,620
Guarantor
Corporate Guarantee
Rentable SF
7,620
Price/Gross SF
$141.67
Lease Type
Absolute Net
Rent Per Square Feet
$10.27

Investment Overview

Absolute NNN Dollar General With No Landlord Responsibilities Located at the Heavily Trafficked Intersection of Highway 85 and Luthersville Road With More than 3,500Vehicles Passing Daily

Investment Highlights

  • Absolute NNN Dollar General With No Landlord Responsibilities Located at the Heavily Trafficked Intersection of Highway 85 and Luthersville Road With More than 3,500Vehicles Passing Daily
  • Dollar General has 8.75 Years Remaining on the Base Term of the Lease with 10% Rent Increases In Each Option, as a Hedge Against Inflation
  • Subject Property is Strategically Located Just One Hour South From Atlanta, The Most Populous MSA in the State and the 6th Most Populous Area in the U.S. with More Than 6.3 Million Residents
  • Positioned 40-Miles from Atlanta International Airport - the Busiest Airport in the World with Over 104 Million Passengers Annually
  • This Location Benefits from Being the Only Dollar Store within a 9-Mile Radius, Providing Long Term Tenant Security

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 I Limited Competition I Low Rent I Portfolio

Listing Price: $1,079,500

Cap Rate
7.25%
Tenant Name
Dollar General
Years Remaining On Lease
8.7
Gross SF
7,620
Guarantor
Corporate Guarantee
Rentable SF
7,620
Price/Gross SF
$141.67
Lease Type
Absolute Net
Rent Per Square Feet
$10.27

Investment Highlights

  • Absolute NNN Dollar General With No Landlord Responsibilities Located at the Heavily Trafficked Intersection of Highway 85 and Luthersville Road With More than 3,500Vehicles Passing Daily
  • Dollar General has 8.75 Years Remaining on the Base Term of the Lease with 10% Rent Increases In Each Option, as a Hedge Against Inflation
  • Subject Property is Strategically Located Just One Hour South From Atlanta, The Most Populous MSA in the State and the 6th Most Populous Area in the U.S. with More Than 6.3 Million Residents
  • Positioned 40-Miles from Atlanta International Airport - the Busiest Airport in the World with Over 104 Million Passengers Annually
  • This Location Benefits from Being the Only Dollar Store within a 9-Mile Radius, Providing Long Term Tenant Security

Investment Overview

Absolute NNN Dollar General With No Landlord Responsibilities Located at the Heavily Trafficked Intersection of Highway 85 and Luthersville Road With More than 3,500Vehicles Passing Daily

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s): GA: 252904

    Georgia

Financing By

MM Texture Background
MM Textured Background Lower