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401 West Ave Cedartown, GA 30125

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For Sale
$2,412,000

NNN leased Dollar General Market store in Cedartown, Georgia.

Property size:
10,640 SF
Lot size:
0.85 Acres

Property Features for 401 West Ave

General Information

Size
10,640 SF
Lot size
0.85 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

New Dollar General Market Store

This property features a new Dollar General "Market" store that opened in July 2024. The construction includes upgraded highlights. The lease is a 15-year NNN lease with a corporate guaranty by Dolgencorp, LLC. Rent increases are set at 5% every 5 years in the primary term, plus options. Dollar General has over 20,500 stores in 48 states and 34 distribution centers. Dolgencorp, LLC has an S&P BBB investment-grade credit rating and $40.6 billion in sales in fiscal year 2024. Dollar General is ranked #112 on the Fortune 500 list. The property is located 19 miles west of Rome, GA, and 72 miles from Atlanta, GA. Traffic counts are 5,820 vehicles per day on West Avenue and 11,400 vehicles per day on W Main Street. The property is suitable for a 1031 exchange. The property size is 10,640 square feet.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Dollar General Dollar Store

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

Similar Places Nearby

Penny Pinchers

Location Insight

  • Map
  • Local Demand
City
Cedartown
County
Polk
State
Georgia
Longitude
-85.261417
Latitude
34.011314

FAQs

What type of property is this?
Grocery and convenience store - NNN leased Dollar General Market store in Cedartown, Georgia.
Where is this grocery and convenience store located?
The property is located at 401 West Ave Cedartown, GA.
What is the asking price?
The asking price for this property is $2,412,000.
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 years in primary term plus options
More about this property
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