Dollar General Claxton (Daisy), GA

15462 Be Smith Road, Claxton, GA

$1,395,200

Price

6.75%

Cap Rate

$94,176

NOI

Overview
Cap Rate
6.75%
NOI
$94,176
Building Size
9,342 sqft
Lot Area
1.69 acres
Occupancy
100%
Lease Type
Triple Net
Year Built
2019
Price Per Sqft
$149.35
Tenancy
Single
Investment Strategy
Core
Lease Expire Year
07/31/2034
Description

Marcus & Millichap is pleased to present Dollar General, Daisy, GA. Dollar General operates under a
NNN lease and is responsible for all expenses including roof, structure, parking lot and property
taxes.

Dollar General (NYSE:DG) has over 19,000 stores across the United States and Mexico. Three
Quarters of the U.S. Population lives within three miles of a Dollar General store. Dollar General sells
everyday consumable necessities such as groceries, cleaning supplies and over the counter
medicines in addition to toys, clothing, beauty and seasonal items.

Highlights
  • Situated at the Signalized Intersection (Flashing Red Light) of US Highway 280 (Be Smith Road) with 3,910 Vehicles Per Day and Old Highway 250 (Daisy Nevils Highway) with 2,000 Vehicles Per Day
  • Rent at $10.08 Per Square Foot is Estimated to be 25 Percent Below Average Sub-Market Rent (CoStar)
  • 2019 Construction with 10.5+ Years Remaining on the Base Lease Term
  • Dollar General is S&P BBB/Stable Rated with Total Revenue of $38B
  • Dollar General Corporate Guaranty
Documents

Location
Gallery