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Dollar General 640 W Memorial Dr

9,000 SF Retail Building Dallas, GA 30132 $861,040 ($96/SF) 7.50% Cap Rate

Executive Summary

32 Minutes from Atlanta
51,000+ Population (5-Mile Radius)
Initial Lease 2005 - 2015 , Renewed 2015 – 2020
Full Building Inspection completed July 2024
Renewed for 7 Years in 2020 showing commitment to the location
(2) 5-Year Renewal Options Remaining
Strong store sales
Parking lot repaved, roof in good condition, New HVAC put in this year (showing commitment by tenant)
26% Population Growth 2010-2023 (5 Mile Radius)
$93,586 Average Household Income (5 Mile Radius)
Comes with Billboard that provides $200 a month in revenue

Property Facts

Sale Type
Investment
Sale Condition
Build to Suit
Property Type
Retail
Property Subtype
Storefront
Building Size
9,000 SF
Building Class
C
Year Built
2004
Price
$861,040
Price Per SF
$96
Cap Rate
7.50%
NOI
$64,578
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Land Acres
0.98 AC
Frontage
295 FT on West Memorial

Amenities

  • Signage

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease End
  • Retailer
  • -
  • -
  • -

At Dollar General, their actions are guided by a simple mission: Serving Others. For their customers, this means placing them at the center of all they do, working every day to deliver value and convenience through their neighborhood general stores. For their employees, this means respect and the opportunity to grow and develop their careers, and for their communities, this means helping support the communities they call home. They strive to make shopping hassle-free and affordable with easy-to-shop stores. Their stores deliver everyday low prices on items including food, snacks, health and beauty aids, cleaning supplies, basic apparel, housewares, seasonal items, paper products and much more from America’s most-trusted brands and products, along with high-quality private brands.

Tenant Industry SF OCCUPIED RENT/SF Lease End
Retailer - - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 137.1.1.004.0000
  • 136.2.2.042.0000 01
Land Assessment
$56,760
Improvements Assessment
$233,420
Total Assessment
$290,180
  • Listing ID: 32112098

  • Date on Market: 6/12/2024

  • Last Updated:

  • Address: 640 W Memorial Dr, Dallas, GA 30132

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