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DOLLAR GENERAL 3311 Ridge Rd

10,542 SF Retail Building Macon-Bibb, GA 31217 $1,893,333 ($180/SF) 6.75% Cap Rate

Investment Highlights

  • Brand new 2023 build-to-suit construction for Dollar General
  • ±13.75 years remaining on an initial 15-year abs NNN lease
  • DG PLUS concepts confirm that the tenant is projecting above average sales volume for this location
  • Premium construction building (NOT a prototypical DG with 3 metal sides)
  • Dollar General PLUS concept (larger ±10,542 SF building)
  • Absolute NNN lease with zero management responsibilities

Executive Summary

Bill Pedersen
License No. 80041 (GA)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,542 SF
Building Class
B
Year Built
2023
Price
$1,893,333
Price Per SF
$180
Cap Rate
6.75%
NOI
$127,800
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Land Acres
3.50 AC

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • T034A-023
  • T034A-022
Land Assessment
$46,000
Improvements Assessment
$0
Total Assessment
$46,000
  • Listing ID: 33585870

  • Date on Market: 10/21/2024

  • Last Updated:

  • Address: 3311 Ridge Rd, Macon-Bibb, GA 31217

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