Dollar General Retail
4050 Chapel Hill Road, Douglasville, GA 30135
For Sale
Contact for pricing
The freestanding store is leased to Dollar General under a modified NNN structure with renewal options.
Property Size9,100 SF
Lot Size0.96 Acres
Price / SF$236.17
Days on Market27
Property Features for 4050 Chapel Hill Road
General Information
Standard status
Size
Lot size
Property subtype
Site & Location
Corner Location
Traffic Count
Road Access
Additional Details
Tenant in Place
Building Details
Year Built
Buildings
Construction
Tenancy
Listing Agency:
SWE Realty
Listed By:
Bill Weitzenkorn · License #GA 305065
(404) 475-9000
Source:
Crexi
Added: Oct 14
Changed: Nov 8
Last Checked: Nov 8 at 5:08PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 2022, this freestanding 9,100-square-foot retail store occupies a 0.96-acre parcel in Douglasville. The all-brick building is leased to Dollar General Corporation on a 15-year modified NNN lease, with approximately 11 years remaining and five 5-year renewal options. Rent increases by 10% during each option period.
The property sits at the signalized intersection of Chapel Hill Road and Fielding Drive, with access from both roads and exposure to more than 21,300 vehicles per day. It is an outparcel to The Shoppes at Chapel Hill and near Kroger, Publix, Walgreens, Waffle House, O’Reilly Auto Parts, and area schools. Interstate 20 is about 3 miles away, and Downtown Douglasville is roughly 5 miles away. The reported trade area includes 85,532 residents within 5 miles, with average household income above $120,000 within 1 mile.
The property sits at the signalized intersection of Chapel Hill Road and Fielding Drive, with access from both roads and exposure to more than 21,300 vehicles per day. It is an outparcel to The Shoppes at Chapel Hill and near Kroger, Publix, Walgreens, Waffle House, O’Reilly Auto Parts, and area schools. Interstate 20 is about 3 miles away, and Downtown Douglasville is roughly 5 miles away. The reported trade area includes 85,532 residents within 5 miles, with average household income above $120,000 within 1 mile.
Key Highlights
- Dollar General Corporation occupies the store under a 15‑year modified NNN lease
- 9,100‑square‑foot building on a 0.96‑acre parcel
- Constructed in 2022 with all‑brick exterior construction
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$131,400
Cap Rate
6.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,628,000
$2.6M
Cap Rate 7%
$1,877,143
$1.9M
Cap Rate 9%
$1,460,000
$1.5M
Market Conditions
NOI Build-Up for 9,100 SF
Gross rent
$196.6K $21.60/SF
− Vacancy
−$8.8K −$0.97/SF
EGI
$187.7K $20.63/SF
− OpEx
−$56.3K −$6.19/SF
NOI
$131.4K $14.44/SF
Area
Douglas County, GA
Vacancy
4.50%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,628,000
Cap Rate 7%
$1,877,143
Cap Rate 9%
$1,460,000
Alternative Uses
Best Use
Retail
$1.88M
$1.64M – $2.19M
NOI $131,400 @ 7.0% cap · market cap 6.11%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.89M
$2.53M – $3.38M
NOI $202,570 @ 7.0% cap · market cap 9.43%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
21,300 VPD
Traffic count
Single-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
186
Businesses Nearby
91k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 47%
Shops & Services 36%
Dining 18%
Kroger
Groceries
42,538 visits/mo
0.3 miles
Kroger Fuel Center
Shops & Services
21,561 visits/mo
0.3 miles
Dollar General
Shops & Services
10,836 visits/mo
0.1 miles
Waffle House
Dining
7,157 visits/mo
0.1 miles
SUBWAY
Dining
5,062 visits/mo
0.2 miles
Demographics for 30135, GA
67,508
Population
23,823
Households
2.8
Avg Household Size
39
Median Age
33%
College-Educated
93%
High-School Grad
83.6 sq mi
ZIP Area
808
Density / Sq Mi
$92,991
Median Household Income
$48,265
Median Earnings
$1,550
Median Rent
$277,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Kroger Floral — 3875 Chapel Hill Rd, Douglasville, GA 30135
Frequently Asked Questions
What type of property is this?
Storefront property - The freestanding store is leased to Dollar General under a modified NNN structure with renewal options.
Where is this storefront property located?
The property is located at 4050 Chapel Hill Road Douglasville, GA.
What is the asking price?
The asking price for this property is $2,149,161.
What are key features of this property?
This property features: Dollar General Corporation occupies the store under a 15‑year modified NNN lease; 9,100‑square‑foot building on a 0.96‑acre parcel; Constructed in 2022 with all‑brick exterior construction
