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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

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    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
    (803) 331-8088
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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

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    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
    401 West Ave Cedartown, GA 30125
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