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    OFF-MARKET
    Grocery and convenience stores

    383 Halcyondale Rd, Sylvania, GA 30467

    10,606 SF 2.16 ac lot Built 2023
    Individually Owned 1-yr Hold
    Property ID
    US22-3717966
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a fee-simple ownership of a brand-new, 10,606 square foot Dollar General PLUS store, constructed in 2023 in Sylvania, Georgia (30467). Located at 383 Halcyondale Rd, this property benefits from a 14-year remaining lease term (initial 15.1-year lease commencing August 13, 2023, expiring August 31, 2038) with an absolute NNN lease structure, eliminating management responsibilities. The tenant, Dollar General Corporation, boasts a BBB (S&P) investment-grade credit rating and provides a corporate guarantee. The property features five, 5-year lease options, each with a 10% rent increase. The current annual net operating income (NOI) is $133,500, yielding a 6.75% cap rate on the $1,977,777 asking price. The 2.16-acre lot is situated across from Screven County High School, ensuring significant traffic. The location's average household income of $75,479 aligns with Dollar General's target demographic. This is a premium-built Dollar General PLUS store (not a standard prototype), reflecting the tenant's projection of above-average sales volume. The 100% occupancy rate and strong tenant history make this a compelling investment.

    Property profile
    Verified
    Property type Grocery and convenience stores
    Year built 2023
    Total area 10,606 SF
    Lot 2.16 ac (94,090 SF)
    UPID US22-3717966
    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
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Dibenedetto Evelyn Family Partnersh · 1 yrs held
    Dibenedetto Evelyn Family Partnersh
    since 2025
    1 recorded transaction
    2025
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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