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Dollar General Retail Building
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1060 Magic Hill Loop, Shiloh, GA 31826

Built in 2024 and leased under an absolute NNN structure.

Property Size10,640 SF
Lot Size1.75 Acres
Price / SF$219.73
Days on Market55

Property Features for 1060 Magic Hill Loop

General Information

Standard status Active
Size 10,640 SF
Total Parking Spaces 62
Lot size 1.75 Acres
Property subtype Retail
Zoning C-2
Occupancy 100%
Lease Type Absolute Net
Investment Type Net Lease
Net Operating Income $196,000

Financials

Asking Price $2,800,000
Cap Rate 7%
Opportunity Zone No

Site & Location

Frontage 100 ft
Corner Location Yes
Drive-Thru No
Pylon Signage Yes
Traffic Count 15,000 vehicles/day
Highway Access Yes
Road Access Yes
Utilities to Site Yes

Additional Details

Sprinkler System Yes
Liquor License No

Building Details

Year Built 2024
Stories 1
Tenancy Single
Construction masonry
Abandoned No
Listing Agency: Bang Realty
Listed By: Brian Brockman · License #BRK.200900214
Source: Crexi
Added: Aug 28 Changed: Oct 21 Last Checked: Oct 20 at 7:45PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Bang Realty

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Investment Insights

Based on property information with market context.

This 10,640-square-foot retail property was completed in 2024 and is occupied by Dollar General. The lease provides a 13-year term, uses an absolute NNN structure, and includes a corporate guarantee.

The property is located at 1060 Magic Hill Loop in Shiloh, GA 31826, offering a clearly identified retail asset with an established tenant and defined lease structure.

Key Highlights

  • 10,640‑square‑foot retail property
  • Built in 2024
  • Dollar General occupancy

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$129,602
Cap Rate
5.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,592,040 $2.6M
Cap Rate 7%
$1,851,457 $1.9M
Cap Rate 9%
$1,440,022 $1.4M
Market Conditions
NOI Build-Up for 10,640 SF
Gross rent
$194.1K $18.24/SF
− Vacancy
−$8.9K −$0.84/SF
EGI
$185.1K $17.40/SF
− OpEx
−$55.5K −$5.22/SF
NOI
$129.6K $12.18/SF
Area
Harris County, GA
Vacancy
4.60%
Lease Rate
$18.24 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,592,040
Cap Rate 7%
$1,851,457
Cap Rate 9%
$1,440,022

Alternative Uses

Best Use
Retail
$1.85M
$1.62M – $2.16M (±1% cap)
NOI $129,602 @ 7.0% cap · market cap 5.54%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.38M
$2.08M – $2.78M (±1% cap)
NOI $166,650 @ 7.0% cap · market cap 7.13%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Parts Store HVAC Service Pharmacy Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

15,000 VPD
Traffic count
100%
Occupancy
Yes
Sprinkler system
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

13
Businesses Nearby
4k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 100%
Dollar General Market Groceries
4,429 visits/mo 0.1 miles

Demographics for 31826, GA

2,007
Population
999
Households
2
Avg Household Size
48
Median Age
17%
College-Educated
85%
High-School Grad
51.5 sq mi
ZIP Area
39
Density / Sq Mi
$82,617
Median Household Income
$39,500
Median Earnings
$1,208
Median Rent
$167,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Built in 2024 and leased under an absolute NNN structure.
Where is this retail space located?
The property is located at 1060 Magic Hill Loop Shiloh, GA.
What is the asking price?
The asking price for this property is $2,337,969.
What are key features of this property?
This property features: 10,640‑square‑foot retail property; Built in 2024; Dollar General occupancy
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