Dollar General @ Sullivan Wickley |15 Year NN Corporate Lease

4860 Ridge Road, Douglasville, GA

$2,379,588

Price

5.35%

Cap Rate

9,100 sqft

Building Size

Gallery
Street
Map
Overview
Cap Rate
5.35%
Building Size
9,100 sqft
Lease Type
Double Net
Year Built
2020
Price Per Sqft
$14
Tenant Responsibilities
RE Taxes, Insurance, Utilities, CAM (non-capital expenses), HVAC, Parking Lot maintenance
Lessor Responsibilities
Roof, Structure, Parking Lot Capital Repairs, GL Insurance
Description

• 15 Year NN Corporate Lease
• All brick construction
• Perfect for 1031 exchange
• Adjacent to Kroger and other national retailers
• Over 11,400 VPD
• Near interstate 20
• Upgraded four-sided brick construction
• Long term corporate lease

Highlights
  • New Upgraded Four-Sided Brick Construction
  • 15 Year NN Corporate Lease with Dollar General
  • Close Proximity to Interstate 20 and Atlanta
  • Located in Popular Commuter Suburb of Atlanta
  • 10% Rent Increases in each of the Options
  • Located on Popular Thoroughfare with Great Visibility and over 11,400 Cars Per Day
  • 27,900 Residents within 3-mile Radius
  • Average household income of $89,000 within 1-mile radius
  • Adjacent to Kroger and other newly constructed retail
  • 3.00% annual growth rate from 2000-2010
Documents
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Location
Gallery