3540 Highway 81 McDonough, GA 30252
- Retail space
- 9,217 SF
- 1.50 lot acres
Current Use by Public Records
- FedEx OnSite / Mailing Service
- Dollar General / Dollar Store / Beauty Supply Store
Property Details for 3540 Highway 81
- Year built
- 2010
- Construction
- STEEL FRAME
- Lot size
- 1.50 lot acres
- Property size
- 9,217 SF
- Property type
- Retail space
- APN
- 155-01001008
- APU
- 15501001008
Description
This exceptional investment opportunity presents a single-tenant, net-leased Dollar General store located at 3540 Hwy 81, McDonough, Georgia 30252. The property boasts a substantial 9,014 square feet and is classified as a Class B retail building. The asking price is $1,455,680, translating to a price per square foot of $161.49. This translates to a compelling 6.25% capitalization rate, based on a net operating income (NOI) of $90,980. The property has been consistently occupied since its opening date of December 14, 2009, providing a history of stable income generation. The property is categorized as a grocery store and falls under the retail property type. This investment is structured as a net lease, minimizing the management responsibilities for the buyer. Situated in Henry County, Georgia, this Dollar General enjoys a prime location within the thriving McDonough market. The property's strong tenant, consistent occupancy, and attractive financial metrics make it an ideal addition to any diversified real estate portfolio. Further details are available in the offering memorandum.
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
- Mcdonough
- County
- Henry
- State
- Georgia
- Longitude
- -84.0367
- Latitude
- 33.436
- CBSA code
- 12060
- CBSA name
- ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
