For Sale
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search
The Largest CRE Database in the US with Over 1 Million Listings

17 Minchew Rd Axson, GA 31624

Loading data...
Loading data...
Loading data...
For Sale
Contact for pricing

High-yield NNN retail investment. Strong tenant, long lease.

Property size:
10,640 SF

Property Features for 17 Minchew Rd

General Information

Property type
Individual retail properties
Square Feet
10,640 SF
Lot Size
43,560 SF

Building Details

Year Built
2024
Buildings
1
Stories
1
Units
1

We can help!

Listing Contact
Bryan Bender
Bryan Bender

Listing Agent: Bryan Bender

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

Learn more

Property Insight Report

Overview

This exceptional investment opportunity presents a fee-simple ownership of a brand-new, 10,640-square-foot Dollar General store in Axson, Georgia. Built in 2024, this single-story building sits on a one-acre lot with 35 parking spaces and enjoys a highly visible corner location on Minchew Road and Highway 85, a road with 4,831 cars per day. The property boasts a 15-year absolute NNN lease (commencing January 29, 2023, and expiring January 31, 2038), leaving zero landlord responsibilities. The lease includes five 5-year renewal options, each with a 10% rent increase. Dollar General, an investment-grade tenant with a "BBB" credit rating, provides a corporate guarantee. The current net operating income (NOI) is $110,472, yielding a 7.00% cap rate at the asking price of $1,578,171 ($148.32/sq ft). The property's strong location is supported by a three-mile average household income of $57,020 and a ten-mile population of 6,896. This is a prime opportunity for a 1031 exchange or passive investor seeking a secure, high-return retail investment with a financially sound, nationally recognized tenant. The property is zoned commercial.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Dollar General Discount Store

Suggested Use

Restaurant Building Supply Big Box & Wholesale Store HVAC Service Restaurant

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

Location Insight

  • Map
  • Local Demand
City
Axson
County
Atkinson
State
Georgia
Longitude
-82.7344735
Latitude
31.2769385

FAQs

What type of property is this?
Individual retail property - High-yield NNN retail investment. Strong tenant, long lease.
Where is this individual retail property located?
The property is located at 17 Minchew Rd Axson, GA.
What is the asking price?
The asking price for this property is $1,578,171.
What are key features of this property?
This property features: New 15-year absolute NNN lease with 13.75 years remaining.; Zero landlord responsibilities.; Five, five-year options with 10% rent increases each.
(248) 419-3810 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message