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1291 Pine Street - Family Dollar, Unadilla, GA

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1291 Pine Street - Family Dollar

Unadilla, GA 31091

(2.3 MB)

Property Type:Retail Sub Type:- Status:Existing Year Built:2012
Building Size:8,000 SF Land Area:.87 AC (37,897 SF)
For Sale Price:$1,004,000 Price/SF:$125.50
Cap Rate:8.10 %

Sale Notes:
- NN lease with 6 years remaining on initial term
- Six 5 year options with rent increases in each option period
- Landlord responsibilities limited to roof, structure and fixed contribution to insurance premium
- Located just off busy Interstate 75, one of the main north-south corridors between Georgia and Florida
- Offered at a 8.1% cap rate

Bull Realty is pleased to offer this 8,000 SF metal and block constructed Family Dollar, built in 2012. It is well located on the main traffic artery in Unadilla, GA. The 10 year NN lease has 6 years remaining on the initial term and 6 five-year options with 6% rent bumps in options 1, 2, 4, 5 and 6 and a 4.3% rent bump in option 3. Due to the NN lease and limited landlord responsibility, the cap rate reflects a strong 8.1% return.

Bull Realty Inc.
Nancy L Miller
(404) 876-1640 x118

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