Property summary
This exceptional investment opportunity presents a 10,640 square foot Dollar General Market situated on a 2.53-acre lot in Trenton, Georgia. The property boasts a new 15-year absolute NNN lease with Dollar General, commencing September 1, 2024, and expiring September 1, 2039. The lease includes a corporate guarantee and features 5% rent increases every five years, ensuring consistent income growth. The current annual net operating income (NOI) is $159,120, resulting in a compelling 6.60% cap rate. This "next-gen" Dollar General Market offers an expanded product selection, including fresh produce, milk, and meats, catering to a broader customer base. Strategically located at a signalized intersection with a combined daily traffic count of 12,070 vehicles, and just four miles from Interstate 59 (22,400 VPD), the property benefits from high visibility and accessibility. The location is further enhanced by its proximity to other national retailers in Trenton and its convenient access to Chattanooga, Tennessee, the fourth largest city in the state, a major tourist destination, and a thriving economic hub. Dollar General, a Fortune 500 company with an S&P investment-grade credit rating of BBB, is a financially stable and reliable tenant with over 20,000 locations nationwide. This property offers a secure, high-yield investment with significant long-term growth potential.
Property profile
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Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
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