request_info_guest false
Street View
Map
1 Photo

New NNN Dollar General - Cornelia, GA MSA

$2,283,508

249 441 Historic Highway North, Demorest, GA 30535

Active
Last Updated: 04/21/2025

6.5

Cap Rate

148,428

NOI

Details:
Cap Rate:    6.5%
NOI:    $148,428
Building Size:    10,640 sqft
Lot Area:    2.47 acres
Occupancy:    100%
Lease Type:    Triple Net
Year Built:    2024
Tenancy:    Single
Parking Spots:    48
Lease Expire Year:    09/30/2039
Description:

*Freestanding Dollar General Store
*New 2024 Construction
*Upgraded Brick Front Construction
*NEW LEASE STRUCTURE: 5% Increase EVERY Five (5) years AND 5% in each option period
*Excellent visibility with over 14,400 Vehicles Per Day
*Household Income exceeds $93,047 Within a 5- Mile Radius of Site
*Population Over 55,888+ Within 10 Miles
*Piedmont College is approx. 1.3 miles away with ~2,500 student enrollment
*Conveniently located approximately 1 mile to Downtown Demorest

Map:
Documents:
Title
DG_Demorest_GA_Flyer.pdf
* Documents permissions are set by the listing owner, request information to access locked documents.
Location
Gallery