New NNN Dollar General Market Store - Vidalia, GA MSA

$2,142,496

254 Georgia 56, Lyons, GA 30436

For Sale

Retail Free Standing

Active

Last Updated: 12/02/2024

Details:

Cap Rate: 6.65%

NOI: $142,476

Building Size: 10,640 sqft

Occupancy: 100%

Lease Type: Triple Net

Year Built: 2025

Tenancy: Single

Lease Expire Year: 03/31/2040

Offered by

Bill Weitzenkorn

SVP Investment Sales

SWE Realty, LLC

Request Info to Unlock

Description:

*Freestanding Dollar General Market Store
*Absolute NNN Corporate Backed Lease
*New 2025 Construction
*Dollar General Market Store: Larger footprint store to accommodate more perishable food items
*5% rental increase every five (5) years in Initial Term and in each Option Period
*Average Household Income exceeds $74,653 Within a 1- Mile Radius of Site
*Limited Competition in Immediate Surrounding Market Should Equate to Strong Store Sales Performance
*Conveniently located 12 miles to Downtown Lyons and 27 miles to Interstate 16