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Dollar Tree Elberton Georgia 851 Elbert St 9,984 SF Retail Building Elberton, GA 30635 $1,600,000 ($160.26/SF) 6.88% Cap Rate
INVESTMENT HIGHLIGHTS
- Heavy foot traffic and desirable location
- Parking Lot Resurfaced in 2023
- Excellent exposure from all directions
EXECUTIVE SUMMARY
Highly coveted Dollar Tree Property just exercised 2 of it's 5 year options consecutively giving an investor a handsome 10 year lease. Minimal landlord responsibilities.
Lease terms Annual Rent
2/1/2026- 1/31/2031 $110,000
2/1/2031-1/31/2036 $115,000
Options
2/1/2036-1/31/2041 $120,000
2/1/2041-1/31/2046 $125,000
Lease terms Annual Rent
2/1/2026- 1/31/2031 $110,000
2/1/2031-1/31/2036 $115,000
Options
2/1/2036-1/31/2041 $120,000
2/1/2041-1/31/2046 $125,000
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,984 SF
Building Class
B
Year Built
2015
Price
$1,600,000
Price Per SF
$160.26
Cap Rate
6.88%
NOI
$110,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
1.81 AC
Zoning
001
Parking
40 Spaces (4.01 Spaces per 1,000 SF Leased)
Frontage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 042B-032 | Improvements Assessment | $0 |
| Land Assessment | $9,200 | Total Assessment | $9,200 |
PROPERTY TAXES
Parcel Number
042B-032
Land Assessment
$9,200
Improvements Assessment
$0
Total Assessment
$9,200
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MATTERPORT 3D EXTERIOR
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STREET VIEW
STREET
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Presented by
Diamond R.E. Bama, LLC
Dollar Tree Elberton Georgia | 851 Elbert St
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