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Dollar General Relocation Store 120 E Winthrope Ave 10,640 SF Retail Building Millen, GA 30442 $1,660,629 ($156.07/SF) 7% Cap Rate

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INVESTMENT HIGHLIGHTS

  • NNN Lease/Zero Landlord Responsibilities
  • Relocation of an existing store shows commitment to the area
  • 8 Years Remaining on Lease
  • Ranked in the 85th Percentile for Store Visits Nationwide by Placer.ai

EXECUTIVE SUMMARY

Exclusive Realty is pleased to present this 10,640 square foot Dollar General store located in Millen, Georgia. The property has an Absolute NNN Lease leaving zero Landlord responsibilities. The Lease is guaranteed by Dollar General which holds a credit rating of "BBB" and this is classified as investment grade. This is a rare Dollar General "PLUS" store. The subject offering represents an ideal opportunity for a 1031 Exchange buyer. This investment will offer a new owner continued success due to the financial strength and the proven profitability of the tenant, one of the nation’s top dollar stores

DATA ROOM Click Here to Access

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,640 SF
Building Class
B
Year Built
2018
Price
$1,660,629
Price Per SF
$156.07
Cap Rate
7%
NOI
$116,244
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
1.59 AC
Opportunity Zone
Yes
Zoning
C - Commercial
Parking
29 Spaces (3.48 Spaces per 1,000 SF Leased)

AMENITIES

  • Signage

NEARBY MAJOR RETAILERS

Huddle House
Regions Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
M15-023
Land Assessment
$43,400
Improvements Assessment
$170,320
Total Assessment
$213,720
  • Listing ID: 35395242

  • Date on Market: 4/7/2025

  • Last Updated:

  • Address: 120 E Winthrope Ave, Millen, GA 30442

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