4193 Vickers Xing Ambrose, GA 31512-3075
- Outlet malls
- 7,900 SF
- 2.65 lot acres
Current Use by Public Records
- Dollar General / Discount Store / Drug Store
- Western Union / Money Transfer Service
Property Details for 4193 Vickers Xing
- Year built
- 2017
- Construction
- STEEL FRAME
- Lot size
- 2.65 lot acres
- Property size
- 7,900 SF
- Zone code
- AMBR
- Property type
- Outlet malls
- APN
- A002 - -049
- APU
- A002049
Description
This fee-simple, 9,100 square foot Dollar General in Ambrose, Georgia, presents a compelling investment opportunity. The property boasts a 15-year triple-net (NNN) lease with five, 5-year options, providing a stable, passive income stream. The lease commenced February 20, 2017, and currently has approximately 7.3 years remaining until the next option period. Rent increases are structured with a 10% bump at each option period. The property features a strong credit-rated tenant, Dollar General, backed by a corporate guarantee. The current annual net operating income (NOI) is $78,684, yielding a 7.50% cap rate on the $1,050,000 asking price. Built in 2017, this strategically located store enjoys high visibility and serves as the only Dollar General within a significant radius, catering to a growing consumer base in Coffee County. The property's location between Douglas and Fitzgerald ensures convenient access for a wide customer base. This is an ideal hands-off investment for those seeking a secure, long-term, high-yield return.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $865,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $970,000
- 6.5%
- $915,000
- 7%
- $930,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $835,000
- Geo Method
- $1,105,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $875,000
- Retail
- $845,000
- Mixed-Use
- $905,000
- Hospitality
- $895,000
- Educational
- $870,000
- Residential Income
- $930,000
- Energy
- $1,075,000
- Income-Based Land
- $985,000
- Food Service
- $1,065,000
Location Insight
- Map
- Local Demand
- City
- Ambrose
- County
- Coffee
- State
- Georgia
- Longitude
- -83.0143
- Latitude
- 31.5931
- CBSA code
- 20060
- CBSA name
- DOUGLAS, GA MICROPOLITAN STATISTICAL AREA