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Dollar General - Prater Mill (Ringgold)
4525 Cleveland Road, Prater mill, GA 30710
N/A
7,500 SF
Retail
Free Standing Bldg
Anchor
Investment
2%
7.60%
100%
1
1998
0.80 AC
5 / 1,000 SF
-
Last Verified 4/11/2006
Listing ID 14478850
Highlights
Dollar General reimbuses insurance & taxes
foothills area is growing rapidly
Net, Net leased property.
Tenant already extended lease by option.
Rent increases 10% in two years.
Description
CAP rate 7.6 - 11.7 (with options)
Investment grade tenant (S&P)
Rent: 2/05 - 1/08 $2,500, 2/08 - 1/11 $2,750, 2/11 - 1/14 $3,000
Between Ringgold and N Georgia mountains.
Map of 4525 Cleveland Road, Prater mill, GA 30710 (Whitfield County)
Created 1/26/2006
Additional Information for 4525 Cleveland Road, Cohutta, GA 30710
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The information above has
been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified
it and make no guarantee, warranty or representation about it. It is your responsibility to independently
confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are
for example only and do not represent the current or future performance of the property. The value of
this transaction to you depends on tax and other factors which should be evaluated by your tax, financial,
and legal advisors. You and your advisors should conduct a careful, independent investigation of the
property to determine to your satisfaction the suitability of the property for your needs. TB-P