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Super Dollar 691 S Talbotton St

14,554 SF Retail Building Greenville, GA 30222 $399,000 ($27/SF) 7.51% Cap Rate

Investment Highlights

  • Subsidiary of 420-unit Operator
  • 13,100 SqFt Building
  • Average HH Income $69,000+ (5-Mile)
  • Talbotton St - 5,600+ Cars Per Day
  • Large 2.97-Acre Parcel

Executive Summary

This Super Dollar is operated by a wholly owned subsidiary of Variety Wholesalers, Inc., the parent company of Roses Discount Stores. Roses was purchased by Variety Wholesalers Inc. in 1997, now operating 420+ stores in 15 states in the Southeast U.S. The subject property has successfully operated as a dollar store since 1978 under various names. The site is located 40 miles North of Columbus. This 13,100 SqFt building sits on a 2.97-acre parcel fronting North Talbotton Street which boasts 5,600+ average daily traffic counts. There are 2,600+ residents in a 5-mile radius with average household income exceeding $69,000. The property is less than 1-mile from Greenville High School and West Georgia Technical College.

Property Facts In Escrow

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
14,554 SF
Building Class
C
Year Built
1979
Price
$399,000
Price Per SF
$27
Cap Rate
7.51%
NOI
$29,972
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
2.97 AC

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
GR04-003
Land Assessment
$16,000
Improvements Assessment
$108,600
Total Assessment
$124,600
  • Listing ID: 33332211

  • Date on Market: 9/27/2024

  • Last Updated:

  • Address: 691 S Talbotton St, Greenville, GA 30222

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