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Investment Highlights
- Single Tenant NNN Leased Building
- 100% Bonus Depreciation
- 5/5 Year Renewals with rare 10% increases
Executive Summary
Cap Rate 7%. Single Tenant NNN leased property. Perfect for 1031 Exchange. Initial 15 year lease term June 2018 to June 2033. Additional 5/5 year renewals with rare 10% increases. Only 32 miles from Athens GA, home to University of GA.
Property Facts
Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
7,500 SF
Building Class
B
Year Built
2018
Price
$1,200,000
Price Per SF
$160
Cap Rate
6.98%
NOI
$83,769
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
1.46 AC
Zoning
002
Frontage
214’ on LEXINGTON RD
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
Dollar General began in 1939 as J.L. Turner and Son Wholesale Company, a dry-goods business created by J.L. Turner and Cal Turner. The company later evolved into a discount retailer and now focuses on everyday essentials, including food, health and wellness products, cleaning and laundry supplies, self-care and beauty items, and seasonal décor, alongside private brands and well-known national brands. Dollar General also operates DG Market, DGX, and pOpshelf formats in the United States and Mi Súper Dollar General stores in Mexico, while continuing to build a broad convenience-oriented general merchandise business.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
Retailer | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 |
Not walkable
10/100
Exceptionally drivable
100/100
Not bikeable
10/100
Property Taxes
| Parcel Number | 016B- -013 | Improvements Assessment | $178,021 |
| Land Assessment | $3,174 | Total Assessment | $181,195 |
Property Taxes
Parcel Number
016B- -013
Land Assessment
$3,174
Improvements Assessment
$178,021
Total Assessment
$181,195
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Videos
Matterport 3D Exterior
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Photos
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Street
Map
Contact the Sale Advisor
4953 Lexington Rd




