17 Tbd Us Hwy Kingsland, GA 31548
This exceptional investment opportunity presents a 10,640-square-foot Dollar General convenience store located in Kingsland, Georgia, on a 2.2-acre lot. The property boasts a strong 6.40% cap rate and a substantial net operating income (NOI) of $152,448. Built in 2024, this is a "next-gen" Dollar General with a 15-year absolute NNN lease, providing significant investor security. The lease includes five, 5-year options with a 5% rent increase every 5 years, ensuring consistent income growth. The tenant, Dollar General, is a Fortune 500 company with an S&P investment-grade credit rating of BBB, minimizing risk. The property's strategic location is just two miles from Interstate 95 (64,800 VPD) and two miles from a primary retail corridor featuring major national retailers like Publix, Lowe's, and Walmart. Its proximity to Jacksonville, Florida, and the Naval Submarine Kings Bay Base further enhances its appeal. Kingsland's thriving economy, fueled by manufacturing, agriculture, tourism, and the military, provides a robust market for this retail location. The property is scheduled for completion in September 2024, offering immediate return on investment. This is a rare opportunity to acquire a high-performing, low-maintenance retail asset with a blue-chip tenant in a rapidly growing coastal Georgia market. The asking price is $2,382,000, translating to $223.87 per square foot. All expenses, including taxes, insurance, CAM, roof, and structure, are the sole responsibility of the tenant.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.