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DOLLAR GENERAL 383 Halcyondale Rd

10,606 SF 100% Leased Retail Building Sylvania, GA 30467 $1,977,777 ($186/SF) 6.75% Cap Rate

Investment Highlights

  • Brand new 2023 build-to-suit construction for Dollar General
  • ±14 years remaining on an initial 15-Year abs NNN lease
  • Dollar General PLUS concept (larger ±10,606 SF building)
  • Premium construction building (NOT a prototypical DG with 3 metal sides)
  • Corporately guaranteed lease from Dollar General Corporation
  • DG PLUS concepts confirm that the tenant is projecting above average sales volume for this location

Executive Summary

Broker of Record
Bill Pedersen
License No. 440007 (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
10,606 SF
Building Class
B
Year Built
2023
Price
$1,977,777
Price Per SF
$186
Cap Rate
6.75%
NOI
$133,500
Percent Leased
100%
Building Height
1 Story
Building FAR
0.12
Lot Size
2.02 AC
Opportunity Zone
Yes
Zoning
C-4
  • Listing ID: 33566967

  • Date on Market: 10/18/2024

  • Last Updated:

  • Address: 383 Halcyondale Rd, Sylvania, GA 30467

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