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Pineview, GA - Dollar General

$1,112,100

194 S. Depot Street, Pineview, GA 31071

Active
Last Updated: 06/27/2025

8

Cap Rate

88,968

NOI

Details:
Cap Rate:    8%
NOI:    $88,968
Building Size:    9,088 sqft
Lot Area:    1.68 acres
Year Built:    2018
Zoning:    General Commercial
Description:

• Dollar General has 7.5+ years remaining on their current lease with 5 (5-Year) options to extend, demonstrating their commitment to the site
• The lease features 10% increases at the beginning of each option, growing NOI and hedging against inflation
• The property was recently remodeled which included updating fixtures, adding additional coolers and interior paint
• The remodel also included the addition of a Produce Section
• The lease is corporate guaranteed by Dollar General, Corp., an investment grade (S&P: BBB), nationally recognized, and an established discount store with more than 20,345 location as of August 2024

• Dollar General is located near the hard corner intersection of S. Depot St and E. Bay St
• With extremely limited nearby competition, the subject property offers an immediate discount store option for highway travelers and locals alike
• The asset has excellent visibility via street frontage and a large pylon sign providing ease and convenience for customers

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