1265 College Station Rd Athens, GA 30605
This exceptional investment opportunity presents a brand-new, 10,000-square-foot Dollar Tree located in Athens, Georgia. The property boasts a strong 7.00% cap rate, a 10-year net lease with a corporate guarantee from Dollar Tree, Inc., a company with a market capitalization exceeding $28 billion and an S&P credit rating of BBB. The lease commenced October 31, 2024, and expires October 30, 2034, providing long-term stability. Rent bumps of $5,000 are included every five years. Situated on a 1.52-acre lot, this Class A retail building is strategically positioned at a signalized intersection on College Station Road, experiencing 21,000 vehicles per day. Its prime location offers exceptional access to a significant student population, with proximity to two large student housing communities (Polo Club Athens Apartments and Reserves at Athens), totaling over 1,185 beds, and the University of Georgia (40,000 students and 7,700 staff). Further enhancing its appeal is its adjacency to the UGA Veterinary Teaching Hospital and a dense residential area with over 1,600 apartments within a one-mile radius. The property also benefits from a high concentration of major retailers within a one-mile radius, including Publix, Kroger, Chick-fil-A, and Wendy's, totaling over 576,000 square feet of retail space. The property's net operating income (NOI) is $210,000. All warranties will be assigned to the new owner. This is a fee-simple ownership opportunity with a single tenant occupancy and four five-year lease options. The asking price is $3,000,000.
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
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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.