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Family Dollar 79 Highway 286 19,850 SF Retail Building Chatsworth, GA 30705 $1,500,000 ($75.57/SF) 4.53% Cap Rate

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Executive Summary

Incredible Investment Property NNN. Family Dollar has been at this location for 10 years and has 1 years left on their NNN lease with 6, 6-year options. Now the Cap Rate is 4.53%. If the next 6-year option is exercised in June 2026, the Cap Rate will increase to 7.14%.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
19,850 SF
Building Class
C
Year Built
2011
Price
$1,500,000
Price Per SF
$75.57
Cap Rate
4.53%
NOI
$67,950
Tenancy
Single
Building Height
1 Story
Building FAR
0.68
Lot Size
0.67 AC
Zoning
C4-Commercial - See Exhibit A in Land Survey Attachment
Parking
9 Spaces (0.45 Spaces per 1,000 SF Leased)
Frontage
40’ on Highway 286

Amenities

  • Signage

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Retailer
  • -
  • -
  • -

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 End
Retailer - - -

Property Taxes

Property Taxes

Parcel Number
0064A-019-002
Land Assessment
$11,360
Improvements Assessment
$74,080
Total Assessment
$85,440
  • Listing ID: 32191383

  • Date on Market: 6/20/2024

  • Last Updated:

  • Address: 79 Highway 286, Chatsworth, GA 30705

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