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76 Highway 286 Chatsworth, GA 30705

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Georgia Retail Property, Strong Tenant

Property size:
8,000 SF

Property Features for 76 Highway 286

General Information

Property type
Retail space
Square Feet
8,000 SF
Lot Size
2,919 SF

Building Details

Buildings
1
Stories
1

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Listing Contact
Mark Bigelow - Mba
Mark Bigelow - Mba

Listing Agency: Berkshire Hathaway HomeServices Georgia Properties Listing Agent: Mark Bigelow - Mba

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

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Overview

This exceptional investment opportunity presents a single-story, 8,000-square-foot Family Dollar storefront located at 76 Highway 286, Chatsworth, GA 30705. The property sits on a 0.067-acre lot and is zoned C4-Commercial (APN: 0064A-019-002). Currently operating under a Net Lease (NNN) agreement with a corporate guarantee, the tenant has occupied the space for 10 years and has a remaining lease term of approximately 1.6 years (commencing July 1, 2024, and expiring June 30, 2026). The current Net Operating Income (NOI) is $68,000, yielding a 4.53% cap rate. However, the lease includes six six-year renewal options. If the first option is exercised in June 2026, the pro-forma NOI will increase to $107,076, resulting in a significantly higher 7.14% cap rate. The asking price for this property is $1,500,000, translating to a price per square foot of $187.50. This presents a compelling opportunity for investors seeking a stable, long-term, and appreciating asset with a strong national tenant. The property's 100% occupancy ensures immediate cash flow, and the potential for substantial cap rate growth makes this an attractive investment.
Property Profile Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Restaurant Big Box & Wholesale Store Hair Salon Auto Parts Store Pharmacy Department Store Food Market Storage Facility Bar & Pub Grocery & Convenience Store

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

Location Insight

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  • Local Demand
City
Chatsworth
County
Murray
State
Georgia
Longitude
-84.7749961
Latitude
34.8264685

FAQs

What type of property is this?
Retail space - Georgia Retail Property, Strong Tenant
Where is this retail space located?
The property is located at 76 Highway 286 Chatsworth, GA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: NNN investment property with a strong tenant.; Family Dollar, a long-term tenant (10+ years), has a remaining lease term of 2 years with six 6-year renewal options.; Current cap rate: 4.53%.
(202) 439-3269 Call to check price and availability
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