2070 Dicks Hl Pkwy Mount Airy, GA 30563-4001

Property Details for 2070 Dicks Hl Pkwy

Year built

1959

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

1.88 lot acres

Property size

4,400 SF

Zone code

B1

Property type

Warehouses

APN

113 038

APU

113038

Description

This exceptional investment opportunity presents a brand-new, 10,640 square foot Dollar General store in Mount Airy, Georgia. Located at 2070 Dicks Hill Pkwy, 30563, this Class A property boasts a 15-year lease (commencing October 13, 2024, and expiring October 31, 2039) with a corporate guarantee and 5% rent bumps every five years. The property features a single-story building on a 1-2 acre lot, built in 2024, and enjoys 100% occupancy. The strong financial performance is highlighted by a $2,367,876 asking price, a 6.50% cap rate, and a Net Operating Income (NOI) of $153,912. The strategic location along Dicks Hill Pkwy offers excellent visibility and accessibility, benefiting from proximity to Interstate 985 and major retail corridors. The surrounding market demonstrates limited competition and a high average household income exceeding $97,000 within a 3-mile radius, supporting strong store sales. With a population exceeding 58,000 within 10 miles, this property represents a compelling investment in a high-growth market experiencing northward expansion from Atlanta. The sale is structured as a fee-simple ownership and is suitable for a 1031 exchange. The property is offered as a Net Lease (NNN) investment, minimizing landlord responsibilities. This is a rare opportunity to acquire a high-performing, low-maintenance retail asset with significant long-term growth potential.