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1618 Tift Ave N
Tifton, GA 31794
 BRAND NEW DOLLAR GENERAL RELOCATION PLUS · Land For Sale · 1.24 AC

Commercial Land Parcels Georgia Tifton 1618 Tift Ave N, Tifton, GA 31794

INVESTMENT HIGHLIGHTS

  • New 15 Year Absolute NNN Lease | Zero Landlord Responsibilities | Investment Grade Dollar Store With "BBB" Credit Rating
  • RARE 5% PRIMARY TERM RENT INCREASES EVERY 5 YEARS, 5 (5 Year) Options | 5% Increases At Each Option
  • 12,451 Cars Per Day on Tift Avenue North, On Main Thoroughfare Into Downtown Tifton
  • RELOCATION PLUS STORE! Proven Success in the Market! Upgraded Architecture | 2023 BTS Plus Size Construction
  • One Mile Household Income $68,984, Five Mile Population 31,178
  • Surrounded by Residential & Next to a Walmart Neighborhood Market (Performs in the top 18% of all Walmart stores in the USA)

PROPERTY FACTS

Property Type Land Total Lot Size 1.24 AC
Property Subtype Commercial Construction Status Proposed
Proposed Use Retail
Property Type Land
Property Subtype Commercial
Proposed Use Retail
Total Lot Size 1.24 AC
Construction Status Proposed

DESCRIPTION

This Dollar General is highly visible as it is strategically positioned on Tift Ave North which sees 12,451 cars per day, next to a Walmart Neighborhood Market (performs in the top 18% of all Walmart stores in the country) and directly across the street from the relocating Dollar General store. The 5 mile population from the site is 31,178 while the 1 mile average household income is $68,984 per year, making this location ideal for a Dollar General. The Subject offering represents an ideal opportunity for a 1031 exchange buyer or a “passive” investor to attain the fee simple ownership of Dollar General. This investment will offer a new owner continued success due to the financial strength and the proven profitability of the tenant, the nation’s top dollar store. List price reflects a 5.50% cap rate based on the NOI of $146,916.

LINKS

PROPERTY TAXES

Parcel Number T053-129 Improvements Assessment $375,444
Land Assessment $62,880 Total Assessment $438,324

PROPERTY TAXES

Parcel Number
T053-129
Land Assessment
$62,880
Improvements Assessment
$375,444
Total Assessment
$438,324
 

  • Listing ID: 29275442

  • Date on Market: 8/15/2023

  • Last Updated:

  • Address: 1618 Tift Ave N, Tifton, GA 31794

More public record information on 1618 Tift Ave N, Tifton, GA 31794

The Land Property at 1618 Tift Ave N, Tifton, GA 31794 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.

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