Dollar General Market | Hoboken, GA | 4869 Main St E
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Dollar General Market | Hoboken, GA 4869 Main St E
12,480 SF Retail Building Hoboken, GA 31542 $2,514,000 ($201/SF) 6.50% Cap Rate
INVESTMENT HIGHLIGHTS
- Brand New 2024 Construction Delivering in July | Dollar General’s Market store prototype offering fresh produce
- - Over 7,300 cars pass the site each day | This accounts for everyone within 5 miles of the site passing the store multiple times each day
- - Relocation site from a location a few parcels to the West | The existing location ranks 3,201 out of 16,787 stores nationally according to Placer.ai
EXECUTIVE SUMMARY
The subject property is a 2024 construction ±12,480 square foot Dollar General Markt located in Lexington, North Carolina.
Dollar General Market signed a fifteen-year triple net lease with five, five-year options to extend at 5% increases. Dollar General (NYSE: DG), a publicly traded company with an investment grade credit rating of “BBB” by Standard & Poor’s, has a market cap of $33.35 billion and an annual revenue north of $38.7 billion.
Dollar General Market signed a fifteen-year triple net lease with five, five-year options to extend at 5% increases. Dollar General (NYSE: DG), a publicly traded company with an investment grade credit rating of “BBB” by Standard & Poor’s, has a market cap of $33.35 billion and an annual revenue north of $38.7 billion.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
12,480 SF
Building Class
C
Year Built
2024
Price
$2,514,000
Price Per SF
$201
Cap Rate
6.50%
NOI
$163,440
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
1.90 AC
Zoning
Residential - Residential
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Dollar General Market
- Retailer
- 12,480 SF
- -
- Triple Net
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Dollar General Market | Retailer | 12,480 SF | - | Triple Net | - |
PROPERTY TAXES
| Parcel Number | HN05-055 | Improvements Assessment | $28,817 |
| Land Assessment | $14,880 | Total Assessment | $43,697 |
PROPERTY TAXES
Parcel Number
HN05-055
Land Assessment
$14,880
Improvements Assessment
$28,817
Total Assessment
$43,697
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Dollar General Market | Hoboken, GA | 4869 Main St E
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