3421 Gainesville Hwy - Supermarket FOR SALE


Alto, GA 30510
$2,598,578 USD
803-331-8088
3421 Gainesville Hwy, Alto, GA for Sale
$2,598,578 USD
Supermarket - FOR SALE
1/5
null | 6.75% Cap Rate

3421 Gainesville Hwy
Alto, GA 30510


HIGHLIGHTS

  • NEW 15 YR Lease NNN DG "Market" Store
  • Rent Increases 5% every 5 Yrs in Primary Term
  • Five (5), Five (5) YR Options to Renew
  • Relocation store showing commitment to the area; Corner Location
  • S&P BBB Investment Grade Asset/DG has over 20,500 Stores in 48 States;
  • DG Ranked #112 on Fortune 500 List

OVERVIEW

This new 15 YR. Lease NNN Dollar General “Market” store is located in Alto on the main thoroughfare that runs through the town. This store is the “Market” prototype concept size which is a larger store with added cooler/freezer space to accommodate the growing demand for fresh meat and vegetables. This store was a relocation from a Dollar General smaller store down the street.

FOR SALE DETAILS

PRICE

$2,598,578 USD

PRICE/SF

$208 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General Market Store - Alto, GA

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Supermarket

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

CROSS STREETS

Alto-Mud Creek Road

LAND ACRES

2.59 AC

LAND SF

112,820 SF

ZONING

Commercial

APN/PARCEL ID

056-017

ASK ABOUT THIS PROPERTY

James Harrison CCIMCypress Commercial & Investment Real EstateMore Info
803-331-8088

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James Harrison CCIMCypress Commercial & Investment Real EstateMore Info
803-331-8088

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