Freestanding Dollar General
2420 Holtzclaw Rd Cumming, GA 30041
2420 Holtzclaw Rd, Cumming, GA, 30041
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For Sale
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Built-to-suit in 2016 and leased to Dollar General through August 2031 under an absolute triple-net structure.
Property Size9,100 SF
Price / SF$166.21
Days on Market79
Property Features for 2420 Holtzclaw Rd
General Information
- Standard status
- Active
- Size
- 9,100 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2016
Listing agency
Marcus & Millichap
(813) 387-4746
Listed by
Daniel Hurd · License #FL SL3301193
Source
Crexi
Added: May 5 Updated: Jul 22 at 2:56PM Checked: Jul 22 at 2:56PM
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 Marcus & Millichap
Investment Insights
Based on property information with market context.
This freestanding Dollar General property was built-to-suit in 2016 and includes 9,100 rentable square feet. The investment is offered with an original 15-year absolute triple-net lease in place through August of 2031. The lease is accompanied by five, five-year renewal options, with each renewal option providing a ten percent rental increase every five years.
Dollar General is responsible for the roof and structure, parking lot, HVAC, common area maintenance, property insurance, and reimbursement of property taxes, supporting a largely passive ownership structure. The property is located at 2420 Holtzclaw Road in Cumming, Georgia, in Forsyth County.
The offering is structured as a triple-net investment with long-term tenant obligations and renewal built-in to the lease terms through 2031 and beyond via multiple extension options.
Dollar General is responsible for the roof and structure, parking lot, HVAC, common area maintenance, property insurance, and reimbursement of property taxes, supporting a largely passive ownership structure. The property is located at 2420 Holtzclaw Road in Cumming, Georgia, in Forsyth County.
The offering is structured as a triple-net investment with long-term tenant obligations and renewal built-in to the lease terms through 2031 and beyond via multiple extension options.
Key Highlights
- Built‑to‑suit Dollar General completed in 2016, offering 9,100 rentable SF
- Absolute triple‑net lease through August 2031 with five, five‑year renewal options
- Five‑year renewal options include 10% rental increases every five years
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $199.8k | $21.96 |
| − Vacancy | −$17.0k | −$1.87 |
| EGI | $182.8k | $20.09 |
| − OpEx | −$54.9k | −$6.03 |
| NOI | $128.0k | $14.07 |
9,100 SF · lease $21.96/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Specialty Retail
$2.09M
$1.83M – $2.44M
NOI $146,241 @ 7.0% cap · market cap 9.67%
Second Best
Retail
$1.83M
$1.60M – $2.13M
NOI $127,995 @ 7.0% cap · market cap 8.46%
Theoretical Best
Office A
$2.54M
$2.23M – $2.97M
NOI $178,066 @ 7.0% cap · market cap 11.77%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Dollar General
Grocery & Convenience Store
FedEx OnSite
Postal Service
Western Union
Bank
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FAQs
What type of property is this?
NNN property - Built-to-suit in 2016 and leased to Dollar General through August 2031 under an absolute triple-net structure.
Where is this nnn property located?
The property is located at 2420 Holtzclaw Rd Cumming, GA.
What is the asking price?
The asking price for this property is $1,512,523.
What are key features of this property?
This property features: Built‑to‑suit Dollar General completed in 2016, offering 9,100 rentable SF; Absolute triple‑net lease through August 2031 with five, five‑year renewal options; Five‑year renewal options include 10% rental increases every five years
