215 Jl Tyre St, Screven, GA 31560
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.
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
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.