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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
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Today's Available Mortgage Rates

1409 Robinson Road, Old Hickory, Tennessee 37138-2809

Choose Your Priority
 
Interest Rate
Mo. Payments
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default.
Loan Amount
Rates as of 05/30/2025
Bank*Lender #1049
5 Year Fixed
25 Year Amortization
Interest rate 5.96% 5 Year Fixed
Mo. Payment$9,002 25 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 51% LTV $0 Lender fees
Loan Amount $1,402,500 Loan Amount
Details
Bank*Lender #1459
7 Year Fixed
30 Year Amortization
Interest rate 6.06% 7 Year Fixed
Mo. Payment$9,459 30 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 57% LTV $0 Lender fees
Loan Amount $1,567,500 Loan Amount
Details
Bank*Lender #1459
10 Year Fixed
30 Year Amortization
Interest rate 6.06% 10 Year Fixed
Mo. Payment$9,459 30 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 57% LTV $0 Lender fees
Loan Amount $1,567,500 Loan Amount
Details
Speak With a Loan Consultant

CommLoan is providing quotes for information purposes only. For additional information on the largest commercial real estate lending marketplace, visit: www.commloan.com.

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