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Dollar General 6489 Tara Blvd 6,940 SF Retail Building Jonesboro, GA 30236 $1,450,000 ($208.93/SF) 7.83% Cap Rate
Investment Highlights
- Prime Frontage Along High Traffic Corridor – Located directly on Tara Boulevard, a major commercial artery with ±70,000 vehicles per day
- Value-Add Through Demising – The building layout offers flexibility to subdivide the space into multiple units
- Supplemental Income Via ATM – A Wells Fargo ATM on-site generates additional cash flow and serves as a traffic driver
- Under Market Rent with Strong Upside – Current Dollar General rent is significantly below the Jonesboro submarket average of ~$15/SF
- Expansion Potential – The property sits on a sizable 0.77-acre lot, providing room for future building expansion, pad development, or added parking
- Strong Dollar General Performance – Ranked in the top 87th% percentile in the nation and ranked in the top 86th % percentile
Executive Summary
Broker of Record
Maxx Bauman
License # 451849 (GA)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Maxx Bauman
License # 451849 (GA)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,940 SF
Building Class
C
Year Built
1981
Price
$1,450,000
Price Per SF
$208.93
Cap Rate
7.83%
NOI
$113,535
Tenancy
Single
Building Height
1 Story
Opportunity Zone
Yes
Zoning
GB
Parking
30 Spaces (4.32 Spaces per 1,000 SF Leased)
Frontage
195’ on Tara Blvd
Nearby Major Retailers
Property Taxes
| Parcel Number | 13-0142D-00E-004 | Improvements Assessment | $230,720 |
| Land Assessment | $120,760 | Total Assessment | $351,480 |
Property Taxes
Parcel Number
13-0142D-00E-004
Land Assessment
$120,760
Improvements Assessment
$230,720
Total Assessment
$351,480
Contacts
-
Drew Milam -
Jeff Enck -
Pierce Mayson -
Kyle Stonis -
Matthews Real Estate Investment Services
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Dollar General | 6489 Tara Blvd
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