120 E Winthrope Ave - Freestanding FOR SALE


Millen, GA 30442
$1,660,629 USD
248-833-6601
120 E Winthrope Ave, Millen, GA for Sale
$1,660,629 USD
Freestanding - FOR SALE
1/4
null | 7% Cap Rate

120 E Winthrope Ave
Millen, GA 30442


HIGHLIGHTS

  • NNN Lease/Zero Landlord Responsibilities
  • 8 Years Remaining on Lease
  • Relocation of an existing store shows commitment to the area
  • Ranked in the 93rd percentile for store visits Nationwide by Placer.ai

OVERVIEW

Exclusive Realty is pleased to present this 10,640 square foot Dollar General store located in Millen, Georgia. The property has a NNN Lease leaving zero Landlord responsibilities. The Lease is guaranteed by Dollar General which holds a credit rating of "BBB" and this is classified as investment grade. This is a rare Dollar General "PLUS" store. The subject offering represents an ideal opportunity for a 1031 Exchange buyer. This investment will offer a new owner continued success due to the financial strength and the proven profitability of the tenant, one of the nation’s top dollar stores

FOR SALE DETAILS

PRICE

$1,660,629 USD

PRICE/SF

$156 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General Relocation Store

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2018

SPRINKLERS

-

PARKING SPACES

29

LAND DETAILS

LAND ACRES

1.59 AC

LAND SF

69,434 SF

ZONING

C

APN/PARCEL ID

M15-023

ASK ABOUT THIS PROPERTY

Steve SagmaniExclusive RealtyMore Info
248-833-6601

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Steve SagmaniExclusive RealtyMore Info
248-833-6601

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