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39292 Mercer Ave
Leary, GA 39862

New Family Dollar - Price Reduced to 7.7% Cap · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
8,320 SF
Building Class
B
Year Built
2018
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
1.30 AC
Zoning
Commercial
Frontage
278 FT on Mercer Ave

About 39292 Mercer Ave , Leary, GA 39862

Stan Johnson Company is pleased to offer for sale this single-tenant Family Dollar property located in Leary, GA. The Property will feature new 2018 construction with Family Dollar signing a corporate lease with minimal landlord responsibilities for a period of 11 years. The lease also calls for increases in each of the option periods. This location will benefit tremendously from a lack of competition. This is the only national dollar store in town, with the closest Family Dollar, Dollar General or Dollar Tree over 10 miles away (refer to p.13-15). The Property is strategically located in the city of Leary, GA which is an extremely underserved market that will greatly benefit from Family Dollar being available. This fits in with the larger dollar store model in which they look to open locations where a larger format discounter isn't warranted, but where a smaller format discount store will prosper. Leary is approximately 3 hours south of Atlanta and 2 hours north of Tallahassee, FL.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
L0040-00000-004-B00
Land Assessment
$24,000
Improvements Assessment
$377,886
Total Assessment
$401,886
  • Listing ID: 12140065

  • Date on Market: 4/4/2018

  • Last Updated:

  • Address: 39292 Mercer Ave, Leary, GA 39862

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