Dollar General @ Sullivan Wickley |15 Year NN Corporate Lease

$2,379,588

4860 Ridge Road, Douglasville, GA 30134

For Sale

Retail Free Standing

Active

Last Updated: 11/03/2022

Details:

Cap Rate: 5.35%

: 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

Offered by

Luke Waters

Investment Associate

SWE Realty, LLC

Request Info to Unlock

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

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