12333 Highway 48 - Freestanding FOR SALE


Cloudland, GA 30731
$1,892,000 USD
678-808-2762
12333 Highway 48, Cloudland, GA for Sale
$1,892,000 USD
Freestanding - FOR SALE
1/3
null | 6.6% Cap Rate

12333 Highway 48
Cloudland, GA 30731


OVERVIEW

15 YEAR CORPORATE NNN LEASE WITH RENT INCREASES IN INITIAL TERM • The subject property has a new corporate guaranteed NNN lease with 5% rent increases every 5 years. • Tenant is 100% responsible for all expenses, including parking lot, taxes, insurance, roof, and structure. • There are 5% rent increases in each of the five, 5-year option periods. 2025 NEW CONSTRUCTION NORTH GEORGIA DOLLAR GENERAL • This store is open and rent commenced in October 2025. SUB $2 MILLION PRICE POINT • This Dollar General has a lower rent of $124,872, which equates to a sub $2M price point. ROME, GA MSA | LARGEST CITY IN NORTHWEST GA • This Dollar General is located 37 miles northwest of Downtown Rome. • Rome is the largest city in Northwest GA with a population of 38,747 and is the county seat of Floyd County. • National Retailers in Rome include Lowe’s Home Improvement, Publix, Sam’s Club, Kroger, Mount Berry Mall, Walmart, Hobby Lobby, and more. • Rome has long had the strength of economic diversity, with an economy founded in manufacturing, education, healthcare, technology, tourism, and other industries. • Rome is also well known in the region for its medical facilities, particularly Floyd Medical Center (304 Beds), Redmond Regional Medical Center (230 Beds), and more. • Home to multiple colleges and universities, including Georgia Northwestern Technical College (5,837 Students), Berry College (2,400 Students), and more. LOCATED IN A POPULAR MOUNTAIN VACATION DESTINATION • This Dollar General is positioned in an affluent mountain vacation and second-home market, surrounded by strong tourism demand. • Over 30+ vacation rental properties are located within a 1-mile radius, generating average nightly rates of $200+ and supporting consistent year-round visitor traffic. INVESTMENT GRADE TENANT (S&P: BBB) WITH 21,000 LOCATIONS • Dollar General is a publicly traded (NYSE: DG) Fortune 500 company with an S&P investment-grade credit rating of BBB. • The company currently operates over 21,000 locations and plans to open 575 new stores in US & 15 in Mexico. • Dollar General has been in business for 80 years and has a current net worth exceeding $18.16 billion.

FOR SALE DETAILS

PRICE

$1,892,000 USD

PRICE/SF

$208 USD /SF

CAP RATE

6.6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General | Rome, GA MSA

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

5.25 AC

LAND SF

228,475 SF

ZONING

C1

APN/PARCEL ID

00003-00000-052-00C

ASK ABOUT THIS PROPERTY

Don McMinnMarcus & MillichapMore Info
678-808-2762

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Don McMinnMarcus & MillichapMore Info
678-808-2762

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