2434 GA-300 - Retail FOR SALE


Cordele, GA 31015
$1,440,000 USD
925-348-1844
2434 GA-300, Cordele, GA for Sale
$1,440,000 USD
Retail - FOR SALE
1/1
null | 8.75% Cap Rate

2434 GA-300
Cordele, GA 31015


HIGHLIGHTS

  • New 10 Year Net Lease
  • Zero Landlord Obligations
  • Corporate Guarantee
  • Four, 5 Year Renewal Options
  • Prime location near Highway 300 and I-75 with strong traffic exposure
  • Scheduled Increases in Rent

OVERVIEW

This offering presents a newly constructed, 10-year net-leased Family Dollar in Cordele, Georgia, priced at $1,440,000 with an attractive 8.75% cap rate on $126,000 in annual net operating income. The lease structure is NN, providing minimal landlord responsibilities, and is supported by a corporate guarantee, offering investors durable and predictable cash flow from a nationally recognized credit tenant. The initial 10-year lease term runs through February 28, 2034, and includes four 5-year renewal options with $0.50/SF rent increases in each option period, creating long-term income stability and built-in rental growth. Located at 2434 Highway 300 South in Cordele, Georgia, the asset benefits from excellent visibility and access along Highway 300, a well-traveled commercial corridor. The site is positioned within an established retail area and serves a strong local customer base.

FOR SALE DETAILS

PRICE

$1,440,000 USD

PRICE/SF

$137 USD /SF

CAP RATE

8.75%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Family Dollar Net Lease

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.89 AC

LAND SF

82,138 SF

ZONING

HC

APN/PARCEL ID

009C-017

ASK ABOUT THIS PROPERTY

Kase AbusharkhThe Kase GroupMore Info
925-348-1844

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Kase AbusharkhThe Kase GroupMore Info
925-348-1844

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