11510 Luthersville Rd - Freestanding FOR SALE


Gay, GA 30218
$1,079,500 USD
646-805-1491
11510 Luthersville Rd, Gay, GA for Sale
$1,079,500 USD
Freestanding - FOR SALE
1/2
null | 7.25% Cap Rate

11510 Luthersville Rd
Gay, GA 30218


HIGHLIGHTS

  • Absolute NNN With No Landlord Responsibilities Located at the Heavily Trafficked Intersection of Highway 85 and Luthersville Road With 3,500 VPD
  • Dollar General has 8.75 Years Remaining on the Base Term of the Lease with 10% Rent Increases In Each Option, as a Hedge Against Inflation
  • This Location Benefits from Being the Only Dollar Store within a 9-Mile Radius, Providing Long Term Tenant Security
  • Located Just One Hour South From Atlanta, The Most Populous MSA in the State and the 6th Most Populous Area in the U.S.
  • Positioned 40-Miles from Atlanta International Airport - the Busiest Airport in the World with Over 104 Million Passengers Annually

FOR SALE DETAILS

PRICE

$1,079,500 USD

PRICE/SF

$80 USD /SF

CAP RATE

7.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2 AC

LAND SF

87,120 SF

ZONING

-

APN/PARCEL ID

144 - -018-002

ASK ABOUT THIS PROPERTY

Michael CardoneMarcus & MillichapMore Info
646-805-1491

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Michael CardoneMarcus & MillichapMore Info
646-805-1491

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.