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1291 Pine Street - 4 Year old Family Dollar 8.2% CAP, Unadilla, GA

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1291 Pine Street - 4 Year old Family Dollar 8.2% CAP

Unadilla, GA 31091


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:$989,000 Price/SF:$123.63
Cap Rate:8.20 %



Sale Notes:
Looking for the benefits of a NNN, with the affordability of a NN? Look no further. This "Hybrid" NN 4 year old Family Dollar with $81,282 annual income & 8.2% CAP, requires significantly less landlord involvement than traditional NN leases and is very affordable! Tenant has full responsibility for maintenance of parking lot & lawn, maintenance,repair & replacement of HVACs, reimburses landlord for taxes and pays all insurance costs over $1718 per year. Its four year old building provides piece of mind & SIX 5 year automatic lease extensions with 6% rent bumps provide steady income with great rental income growth potential. This store's ideal mid range sales & steady profits maximizes Family Dollar's future renewals,and minimizes the chances of FD wanting to build a larger store. Offering a 4 year old building, ideal sales & location, 6 more years on initial lease, $81,282 annual income, 8.2% CAP, and VERY FEW Landlord responsibilities, this opportunity won't last long.

Following the ideal Family Dollar real estate strategy, this 4 year old store is perfectly located just off of a primary artery, Hwy I 75, near the low income transit routes between Cordele & Perry. This site not only provides impulse oriented purchases, it, along with the much older Dollar General across the street services all the residents of this small town. It is is near The DQ & Subway, the two fast food chains in town, the Allstate truck stop, & Scottish Inn. Unadilla is 23 miles North of Cordele, and 33 miles South of Warner Robbins, GA.


Commercial Realty of Georgia, LLC
Van A Yon
(404) 480-4003

  
RE/MAX Coastal Properties
Karen Martineau
(850) 650-6104




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