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5 Turner Bend Rd SW Rome, GA 30165

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For Sale
$2,154,182

New Dollar General Market store with a 15-year NNN lease.

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

Property Features for 5 Turner Bend Rd SW

General Information

Size
10,640 SF
Lot size
2.67 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, which opened in July 2024. The building has upgraded construction with a corner entry and is situated on a corner lot with good visibility. The lease is a 15-year NNN lease with a corporate guaranty by Dolgencorp, LLC. Rent increases are structured at 5% every 5 years throughout the primary term, as well as during option periods. The location benefits from traffic of 13,300 vehicles per day on Alabama Highway. Dollar General operates over 20,500 stores across 48 states, supported by 34 distribution centers. With an S&P BBB investment-grade credit rating and $40.6 billion in sales in fiscal year 2024, this property is suitable for a 1031 exchange. Dollar General is ranked #112 on the Fortune 500 list. The property is located 11 miles west of Rome, GA, and 70 miles from Atlanta, GA.
Location Intelligence

Current Use by Public Records

Grocery and convenience stores

Suggested Use

Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Department Store Kitchen & Bath Storage Facility Garden Center

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

Location Insight

  • Map
  • Local Demand
City
Rome
County
Floyd
State
Georgia
Longitude
-85.30314
Latitude
34.261738

FAQs

What type of property is this?
Grocery and convenience store - New Dollar General Market store with a 15-year NNN lease.
Where is this grocery and convenience store located?
The property is located at 5 Turner Bend Rd SW Rome, GA.
What is the asking price?
The asking price for this property is $2,154,182.
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, $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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