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NNN Retail Investment Property
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14 Thomason Road, Cleveland, GA 30528

Freestanding retail asset with a long-term corporate lease and tenant-paid operating responsibilities.

Property Size10,640 SF
Lot Size1.68 Acres
Price / SF$251.25
Days on Market5

Property Features for 14 Thomason Road

General Information

Standard status Active
Size 10,640 SF
Class A
Lot size 1.68 Acres
Property subtype Retail
Occupancy 100%
Lease Type Absolute Net
Investment Type Net Lease
Net Operating Income $169,752

Additional Details

Corner Location Yes

Building Details

Year Built 2025
Tenancy Single
Construction brick
Listing Agency: SWE Realty
Listed By: Luke Waters · License #GA 360459
Source: Crexi
Added: Aug 27 Changed: Aug 31 Last Checked: Aug 31 at 8:37AM

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 SWE Realty

Investment Insights

Based on property information with market context.

This freestanding Dollar General retail property at 14 Thomason Road in Cleveland, Georgia, was completed in 2025 and contains 10,640 square feet on 1.68 acres. The building occupies a prominent corner parcel, includes an upgraded brick exterior, and provides direct access and visibility along a thoroughfare connecting Dahlonega and Cleveland.

Dollar General Corporation occupies the property under an absolute NNN lease with a 15-year corporate guarantee. The tenant is responsible for taxes, insurance, maintenance, roof, structure, and parking lot obligations. Lease economics include five 5-year renewal options, 5% rental increases at each five-year interval, and an average term cap rate of 6.67%. The tenant carries BBB and Baa2 ratings from Standard & Poor’s and Moody’s, respectively.

Key Highlights

  • 10,640‑square‑foot freestanding Dollar General store on 1.68 acres
  • 2025 construction with upgraded brick facade
  • Absolute NNN lease with a 15‑year corporate guarantee

Property Analytics

Current Use

Grocery and convenience stores

Suggested Use

Top Pick Auto Repair Shop Storage Facility Garden Center Furniture & Home Goods (Bike/Boat/Book/etc) Store Butcher

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

Location Intelligence

Trade Area within ½ mile

18
Businesses Nearby

Demographics for 30528, GA

23,885
Population
10,669
Households
2.2
Avg Household Size
43
Median Age
22%
College-Educated
83%
High-School Grad
166.2 sq mi
ZIP Area
144
Density / Sq Mi
$69,592
Median Household Income
$36,788
Median Earnings
$1,028
Median Rent
$258,900
Median Home Value

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
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Frequently Asked Questions

What type of property is this?
NNN property - Freestanding retail asset with a long-term corporate lease and tenant-paid operating responsibilities.
Where is this nnn property located?
The property is located at 14 Thomason Road Cleveland, GA.
What is the asking price?
The asking price for this property is $2,673,260.
What are key features of this property?
This property features: 10,640‑square‑foot freestanding Dollar General store on 1.68 acres; 2025 construction with upgraded brick facade; Absolute NNN lease with a 15‑year corporate guarantee
(470) 237-2051 Call to check price and availability
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