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37 Pendleton Springs Rd
Lyons, GA 30436
Dollar General · Retail Property For Sale
PROPERTY FACTS
ABOUT 37 PENDLETON SPRINGS RD , LYONS, GA 30436
Fortis Net Lease is pleased to present this 9,100 SF Dollar General store, located in Lyons, GA. The property is encumbered with a Fifteen (15) Year Absolute NNN Lease, leaving zero landlord responsibilities. The lease contains four (5Yr.) options, each with a 10% rental rate increase. The lease is corporately guaranteed by Dollar General which holds an investment grade credit rating of “BBB". The store is under construction with rent scheduled to commence on 08/01/2018. This Dollar General is strategically located in Lyons, GA. The population within a ten mile radius is greater than 8,500, with the average household income within a three mile radius exceeding $45,000. Offering ideal demographics for a 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 6.80% cap rate based on NOI of $78,612.
PROPERTY TAXES
| Parcel Number | 103-074 | Improvements Assessment | $188,922 |
| Land Assessment | $4,975 | Total Assessment | $193,897 |
PROPERTY TAXES
