Dollar General Storefront
For Sale
$1,450,000
6489 Tara Blvd, Jonesboro, GA 30236
Storefront property associated with a Dollar General presence and Wells Fargo ATM.
Property Size6,940 SF
Days on Market176
Property Features for 6489 Tara Blvd
General Information
Standard status
Active
Size
6,940 SF
Property subtype
Commercial
Additional Details
Traffic Count
68,000 vehicles/day
Building Details
Building Size
6,940 SF
Year Built
1981
Listing Agency:
Matthews
Listed By:
Drew Milam · License #434241 (GA)
(404) 474-4522
Source:
Matthews
Added: Apr 24
Changed: Oct 8
Last Checked: Oct 14 at 7:33PM
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 Matthews
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Investment Insights
Based on property information with market context.
This storefront property is identified with a Dollar General presence and a Wells Fargo ATM. The asset includes additional ATM income and is positioned along Tara Boulevard in Jonesboro, Georgia. Reported traffic volume is 68k VPD.
Key Highlights
- Dollar General storefront property
- Wells Fargo ATM on site
- Additional ATM income
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$97,614
Cap Rate
6.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,952,280
$2.0M
Cap Rate 7%
$1,394,486
$1.4M
Cap Rate 9%
$1,084,600
$1.1M
Market Conditions
NOI Build-Up for 6,940 SF
Gross rent
$152.4K $21.96/SF
− Vacancy
−$13.0K −$1.87/SF
EGI
$139.4K $20.09/SF
− OpEx
−$41.8K −$6.03/SF
NOI
$97.6K $14.07/SF
Area
Clayton County, GA
Vacancy
8.50%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,952,280
Cap Rate 7%
$1,394,486
Cap Rate 9%
$1,084,600
Alternative Uses
Best Use
Retail
$1.39M
$1.22M – $1.63M
NOI $97,614 @ 7.0% cap · market cap 6.73%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.94M
$1.70M – $2.26M
NOI $135,800 @ 7.0% cap · market cap 9.37%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
68,000 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
954
Businesses Nearby
207k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 65%
Shops & Services 29%
Office Supplies 4%
Electronics 1%
McDonald's
Dining
21,511 visits/mo
0.5 miles
Starbucks
Dining
19,686 visits/mo
0.3 miles
Texaco
Shops & Services
17,438 visits/mo
0.3 miles
Dunkin' Donuts
Dining
17,083 visits/mo
0.4 miles
Burger King
Dining
14,875 visits/mo
0.1 miles
Demographics for 30236, GA
50,446
Population
19,230
Households
2.6
Avg Household Size
36
Median Age
22%
College-Educated
84%
High-School Grad
32.4 sq mi
ZIP Area
1,557
Density / Sq Mi
$68,867
Median Household Income
$36,501
Median Earnings
$1,233
Median Rent
$219,700
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
Frequently Asked Questions
What type of property is this?
Storefront property - Storefront property associated with a Dollar General presence and Wells Fargo ATM.
Where is this storefront property located?
The property is located at 6489 Tara Blvd Jonesboro, GA.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: Dollar General storefront property; Wells Fargo ATM on site; Additional ATM income
