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    OFF-MARKET
    Grocery and convenience stores

    215 Jl Tyre St, Screven, GA 31560

    10,640 SF 0.98 ac lot Built 2024
    Property ID
    US22-2961208
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a brand-new, 10,640 square foot Dollar General Market in Screven, Georgia, situated within the Savannah MSA. The property boasts a 15-year absolute NNN lease commencing July 1, 2024, and expiring July 1, 2039, with a substantial remaining lease term of approximately 14.6 years. The lease includes attractive 5% rent increases every five years throughout the initial lease and option periods, ensuring consistent income growth. The property's strong financial performance is reflected in its current NOI of $140,508 and a compelling 6.75% cap rate. The asking price is $2,082,000. This "next-gen" Dollar General Market features an expanded product selection, including fresh produce, milk, and meats, catering to a broader customer base. The tenant, Dollar General (S&P: BBB), is a Fortune 500 company with a strong financial standing and an extensive network of over 20,000 locations. Strategically located on Highway 84 (6,220 VPD), this property benefits from high visibility and convenient access. The 0.98-acre lot provides ample space for the building and potential future expansion. The property's location in the rapidly growing Savannah MSA, a region known for its thriving tourism industry and significant military presence, further enhances its investment appeal. This is a rare opportunity to acquire a high-quality, net-leased retail property with a strong tenant, attractive lease terms, and significant upside potential.

    Property profile
    Verified
    Property type Grocery and convenience stores
    Year built 2024
    Total area 10,640 SF
    Lot 0.98 ac (42,689 SF)
    UPID US22-2961208
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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