1198 GA Highway 21 N - Storefront FOR SALE


Springfield, GA 31329
$2,618,286 USD
404-418-7525
1198 GA Highway 21 N, Springfield, GA for Sale
$2,618,286 USD
Storefront - FOR SALE
1/16
null | 6.3% Cap Rate

1198 GA Highway 21 N
Springfield, GA 31329


HIGHLIGHTS

  • Pin-corner location at a signalized intersection along GA Hwy 21, offering excellent visibility.
  • Serves a growing trade area with average household income over $102,000 within 5 miles.
  • Serves a growing trade area with average household income over $102,000 within 5 miles.
  • Located within the Savannah MSA, near major logistics hubs and the Port of Savannah.
  • Brand-new 2026 construction built to Dollar General’s latest prototype for enhanced merchandising.

OVERVIEW

This is a newly constructed (2026), freestanding Dollar General located on GA Highway 21 North in Springfield, GA, within the Savannah Metropolitan Statistical Area. Offered at $2,618,286 with a 6.30% cap rate, the property benefits from a 15-year absolute NNN lease with Dollar General Corporation, an investment-grade tenant. The lease includes five (5) five-year options and rental escalations of 5% every five years, providing predictable income growth and long-term stability. The site is strategically positioned at a signalized intersection on GA Hwy 21, offering excellent visibility to over 7,450 vehicles per day. Situated in Effingham County, one of the fastest-growing regions in Georgia, the property is surrounded by robust demographic trends with an average household income exceeding $102,376 within a 5-mile radius. Springfield provides convenient access to Savannah, just 25 miles away, and proximity to the Port of Savannah, the third busiest container gateway in the U.S., driving logistics demand throughout the area. Nearby major retailers and distribution facilities underscore the strength of this investment.

FOR SALE DETAILS

PRICE

$2,618,286 USD

PRICE/SF

$290 USD /SF

CAP RATE

6.3%

% LEASED

-

TENANCY

-

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

AR1

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Christine MartinSullivan WickleyMore Info
404-418-7525

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Christine MartinSullivan WickleyMore Info
404-418-7525

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