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8.00 Cap Dollar General pays Percentage Rent 356 Highway 114 9,100 SF Retail Building Summerville, GA 30747 $760,725 ($83.60/SF) 8% Cap Rate



Investment Highlights
- High-Performing Dollar General: Single tenant is a top-performing Dollar General, delivering strong and consistent revenue.
- Percentage Rent Revenue: Dollar General pays percentage rent in addition to base rent, enhancing income based on store sales.
- Low-Risk Investment: Single-tenant property backed by Dollar General’s strong credit, offering stability and reliable returns.
- New 5-Year Lease Extension: Dollar General’s recent 5-year lease extension without rent reduction signals long-term commitment.
- High-Traffic Location: Positioned on busy Highway 114, ensuring excellent visibility and steady customer traffic.
- Thriving Community: Located in Summerville, GA, a growing market with increasing demand for essential retail.
Executive Summary
The property’s prime location on Highway 114, a high-traffic corridor, ensures excellent visibility and accessibility, capturing consistent customer traffic as the last retail option for outbound travelers and the first for those entering town. With the nearest competing store 1.6 miles away in a substantially inferior location, this Dollar General enjoys a competitive edge in the local market. Summerville’s growing population and increasing demand for essential retail services further enhance the property’s long-term value. With its low-maintenance net lease structure and creditworthy tenant, this asset offers passive investors a secure income stream with minimal management responsibilities. This Dollar General property represents a rare opportunity to acquire a high-quality retail investment with immediate cash flow and strong growth potential in a dynamic community.
Property Facts
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Retailer
- -
- -
- -
Dollar General began in 1939 as J.L. Turner and Son Wholesale Company, a dry-goods business started by J.L. Turner and Cal Turner Sr., and the first Dollar General store opened in the mid-1950s. The company operates a discount retail model through Dollar General, DG Market, DGX, and pOpshelf formats, serving customers with food, health and wellness products, cleaning and laundry supplies, self-care and beauty items, seasonal décor, private brands, and national labels. Dollar General supports online shopping and positions itself around affordable everyday goods and community-focused services.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
Retailer | - | - | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | 00S22-00000-096-00A | Improvements Assessment | $197,880 |
| Land Assessment | $25,480 | Total Assessment | $223,360 |
Property Taxes
Presented by
8.00 Cap Dollar General pays Percentage Rent | 356 Highway 114
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