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3250 Highway 81 S 8,320 SF Retail Building Covington, GA 30016 $1,300,000 ($156.25/SF) 8.25% Cap Rate
Executive Summary
This offering presents an excellent opportunity to acquire a well-located commercial asset in a thriving and expanding market.
With ever increasing construction costs, this property gives an end-user the opportunity to efficiently and economically convert this building to a number of different uses.
This property is currently leased by Family Dollar and is being sold with the lease in place. The landlord is willing to work out a lease buyout with Family Dollar. The store went dark on February 1st and the tenant currently has no intentions of reopening the store.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Retailer
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
Family Dollar is a national discount retail chain headquartered in Chesapeake, Virginia, operating as a subsidiary of Dollar Tree since 2015. The company provides affordable everyday merchandise including household goods, groceries, cleaning supplies, apparel, health and beauty products, and seasonal items. Originally founded in 1959 in Charlotte, North Carolina, Family Dollar expanded rapidly through the Southeast and later nationwide. After its acquisition by Dollar Tree, the corporate headquarters transitioned to Chesapeake, though Family Dollar continues to maintain major operations and a distribution presence in Matthews and Charlotte, North Carolina. The Chesapeake headquarters supports executive leadership, merchandising, supply chain, operations, and administrative functions for thousands of Family Dollar stores across the United States. The brand focuses on neighborhood convenience, operating small-format stores that emphasize essential products at low prices.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Retailer | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 |
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- 1st Floor
- 8,320 SF
- Retail
- -
- Now
| Space | Size | Space Use | Position | Available |
| 1st Floor | 8,320 SF | Retail | - | Now |
1st Floor
| Size |
| 8,320 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
Property Taxes
| Parcel Number | 0028000000100B00 | Improvements Assessment | $381,440 |
| Land Assessment | $67,840 | Total Assessment | $449,280 |
Property Taxes
Presented by
3250 Highway 81 S
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