1419 Feagin Mill Rd - Convenience Store FOR SALE


Warner Robins, GA 31088
$2,545,512 USD
734-755-6359
1419 Feagin Mill Rd, Warner Robins, GA for Sale
$2,545,512 USD
Convenience Store - FOR SALE
1/4
null | 6.35% Cap Rate

1419 Feagin Mill Rd
Warner Robins, GA 31088


HIGHLIGHTS

  • 15 Year Absolute NNN Lease | Zero Landlord Responsibilities
  • 5% Rental Rate Increases Every 5 Years
  • 2025 BTS | Plus Size Construction
  • One Mile Household Income $113,133
  • Five Mile Population 97,481 | 9.06% Expected Growth
  • Signalized Corner Location | 26,160 Cars Per Day

OVERVIEW

Fortis Net Lease is pleased to present this 10,640 SF. Dollar General Plus store located in Warner Robbins, Georgia. The property is secured with a 15 year, Absolute NNN Lease, leaving zero landlord responsibilities. The lease contains 5% rental rate increases ever 5 years including at each of the 5 (5 year) options to renew. The lease is corporately guaranteed by Dollar General Corporation which holds a credit rating of “BBB”, which is classified as Investment Grade. The store is currently completing construction with rent and opening on track for a mid-June 2025. This Dollar General is highly visible as it is strategically positioned on the hard signalized corner of Feagin Mill Rd (9,260 cars per day) and Lake Joy Road (16,900 cars per day). The five mile population from the site is 97,481 and the one mile average household income is $113,133 per year, making this location ideal for a Dollar General. This area is seeing great growth with the 5 mile population growth rate at 9.06% in addition to the consumer spending being $1.2 Billion! The Subject offering represents an ideal opportunity for a 1031 exchange buyer or a “passive” investor to attain the fee simple ownership of a Dollar General. This investment will offer a new owner continued success due to the financial strength and the proven profitability of the tenant, the nation’s top dollar store. List price reflects a 6.35% cap rate based on NOI of $161,640.

FOR SALE DETAILS

PRICE

$2,545,512 USD

PRICE/SF

$239 USD /SF

CAP RATE

6.35%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General Plus

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

1.95 AC

LAND SF

84,942 SF

ZONING

C-1

APN/PARCEL ID

0W1200051000

ASK ABOUT THIS PROPERTY

Bryan BenderFortis Net LeaseMore Info
734-755-6359

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Bryan BenderFortis Net LeaseMore Info
734-755-6359

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