9181 W Highway 136 | Chickamauga, GA 30707
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9181 W Highway 136
Chickamauga, GA 30707
Dollar General - Chickamauga, GA · Retail Property For Sale
Investment Highlights
- Replacement cost to develop a new Dollar General at this location is more than $2.0M
- Below market rent
Executive Summary
Marcus & Millichap is pleased to offer for sale the Dollar General in Chickamauga, Georgia. This investment opportunity is being offered at a price of $1,051,000 and a cap rate of 6.90%.
The 9,014 square foot property sits on 1.55 acres and was built in 2009. In 2019, Dollar General extended their double net lease to July 31, 2029 with four (4) additional five-year options.
This established neighborhood Dollar General is one of three locations in Chickamauga that has served the community since 2009. The replacement cost to develop a new Dollar General store at this location is more than $2.0 million.
The 9,014 square foot property sits on 1.55 acres and was built in 2009. In 2019, Dollar General extended their double net lease to July 31, 2029 with four (4) additional five-year options.
This established neighborhood Dollar General is one of three locations in Chickamauga that has served the community since 2009. The replacement cost to develop a new Dollar General store at this location is more than $2.0 million.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,014 SF
Building Class
B
Year Built
2009
Price
$993,000
Price Per SF
$110
Cap Rate
7.30%
NOI
$72,490
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
1.55 AC
Zoning
CN
PROPERTY TAXES
Parcel Number | 0256-031 | Improvements Assessment | $140,190 |
Land Assessment | $15,500 | Total Assessment | $155,690 |
PROPERTY TAXES
Parcel Number
0256-031
Land Assessment
$15,500
Improvements Assessment
$140,190
Total Assessment
$155,690
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