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Dollar General 3440 N Henry Blvd

9,014 SF Retail Building Stockbridge, GA 30281 $1,174,000 ($130/SF) 7.25% Cap Rate

Investment Highlights

  • Extremely dense residential market: Over 34,985 within a 3-mile radius and over 88,296 within a 5-mile radius.
  • Stockbridge is less than 25 miles from Atlanta and is part of the Atlanta, GA MSA, the 5th largest MSA in the United States.
  • Close proximity to robust medical center: Sitting just 7 minutes away from Piedmont Henry Hospital, which is recognized as a 5-STAR hospital.
  • The subject property is strategically located on N. Henry Boulevard which sees approximately 16,600 vehicles per day.
  • Major Industrial Distribution Market: Over 2.2 MM sqft of Class A industrial warehouses with major retailers: Dollar General, Carter’s, Goodyear.
  • Traffic counts: (I-75) VPD: 184,000 | N Henry Blvd VPD: 16,600.

Executive Summary

Broker of Record
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
9,014 SF
Building Class
B
Year Built
2004
Price
$1,174,000
Price Per SF
$130
Cap Rate
7.25%
NOI
$85,115
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
1.17 AC
Zoning
C3 - Commercial zone
Parking
20 Spaces (2.22 Spaces per 1,000 SF Leased)
Frontage
199 FT on North Henry Boulevard

Amenities

  • Corner Lot
  • Pylon Sign
  • Signage
  • Wheelchair Accessible
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
068D-03-021-001
Land Assessment
$101,920
Improvements Assessment
$211,360
Total Assessment
$313,280
  • Listing ID: 33287957

  • Date on Market: 9/24/2024

  • Last Updated:

  • Address: 3440 N Henry Blvd, Stockbridge, GA 30281

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