750 Main St Blakely, GA 39823
- Retail properties
- 10,640 SF
Current Use by Public Records
- Retail properties
Property Details for 750 Main St
- Year built
- 2024
- Property size
- 10,640 SF
- Property type
- Retail properties
- Property subtype
- Retail space
Description
This exceptional investment opportunity presents a brand-new, 10,640-square-foot Dollar General Mini Market in Blakely, Georgia. Built in 2024, the property boasts a 15-year absolute NNN lease with a highly-rated ("BBB" by S&P) investment-grade tenant. The lease includes attractive 5% rental increases every five years throughout the base term and five, 5-year options, ensuring consistent income growth. The property's strong NOI of $143,796 translates to a compelling 6.75% cap rate. Located at 750 N Main St, Blakely, GA 39823, this strategically positioned store serves a substantial population of over 10,500 residents in Early County, with limited competition (only one other Dollar General within a 14-mile radius). The property benefits from its proximity to key community assets, including LifeBrite Community Hospital, several K-12 schools, Walter F. George Lake, and Kolomoki Mounds State Park, driving significant foot traffic and economic activity. This is a rare opportunity to acquire a high-performing, low-maintenance retail investment with a long-term, secure lease and substantial upside potential. The asking price is $2,130,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Blakely
- County
- Early
- State
- Georgia
- Longitude
- -84.9338
- Latitude
- 31.3915
