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    3241 Gainesville Hwy Alto, GA 30510

    For Sale
    $2,598,578

    NNN leased Dollar General Market store in Alto, Georgia.

    Property size:
    12,480 SF
    Lot size:
    2.27 Acres

    Property Features for 3241 Gainesville Hwy

    General Information

    Size
    12,480 SF
    Lot size
    2.27 Acres

    Source: Cypress Commercial & Investment Real Estate Agent James C. Harrison III, CCIM

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Alto, GA Dollar General Market

    The property is a Dollar General "Market" store, which opened in August 2024. The store is a relocation, indicating commitment to the area. The lease is a 15-year NNN lease with a corporate guaranty by Dolgencorp, LLC. Rent increases are 5% every 5 years in the primary term, plus options. Dollar General has over 20,500 stores in 48 states and 34 distribution centers. Dollar General is ranked #112 on the Fortune 500 list, with $40.6 billion in sales in fiscal year 2024, and has an S&P BBB investment-grade credit rating. The property is located on Gainesville Highway with 2,770 vehicles per day. It is 21 miles north of Gainesville, GA, and 72 miles from Atlanta, GA. The property is 12,480 square feet. This property is suitable for a 1031 exchange.
    Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Suggested Use

    Restaurant Spa & Massage Auto Repair Shop Hair Salon Nail Salon Hotel & Motel Food Market Storage Facility Grocery Store Convenience Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Alto
    County
    Habersham
    State
    Georgia
    Longitude
    -83.573726
    Latitude
    34.467551

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    FAQs

    What type of property is this?
    Grocery and convenience store - NNN leased Dollar General Market store in Alto, Georgia.
    Where is this grocery and convenience store located?
    The property is located at 3241 Gainesville Hwy Alto, GA.
    What is the asking price?
    The asking price for this property is $2,598,578.
    What are key features of this property?
    This property features: - 15 YR NNN Lease with Corporate Guaranty by Dolgencorp, LLC; - S&P BBB Investment Grade Credit, with $40.6 Billion in Sales in Fiscal 2024; - Rent Increases 5% every 5 Yrs in Primary Term plus options
    (803) 331-8088
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    3241 Gainesville Hwy Alto, GA 30510
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    Alto, GA 30510
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3241 Gainesville Hwy Alto, GA 30510
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