4360 Auraria Rd Dawsonville, GA 30534
- Retail space
- 12,480 SF
- 1.00 lot acres
Current Use by Public Records
- Retail space
Property Details for 4360 Auraria Rd
- Year built
- 2024
- Lot size
- 1.00 lot acres
- Property size
- 12,480 SF
- Property type
- Retail space
- Property subtype
- Storefront properties
Description
This exceptional investment opportunity presents a brand-new, 12,480-square-foot Dollar General Market in Dawsonville, Georgia. Located at 4360 Auraria Rd, this fee-simple property boasts a prime location on a major retail corridor, offering excellent visibility and accessibility. The building, constructed in 2024, features upgraded four-sided all-brick construction and sits on a sizable 1-2 acre lot. The 15-year absolute NNN lease, commencing May 17, 2024, and expiring May 31, 2039, provides significant long-term stability and includes 5% rent bumps every five years. The tenant, Dollar General Corporation (NYSE: DG), is responsible for all taxes, insurance, and maintenance, minimizing landlord responsibilities. With a current NOI of $173,772 and a 6.60% cap rate, this property offers a compelling return on investment. The strong demographics of the area, including an average household income exceeding $102,000 within a 3-mile radius and a population of over 65,000 within 10 miles, further enhance its attractiveness. This is a rare opportunity to acquire a high-quality, net-leased retail property with a strong tenant and significant upside potential. The property is situated near GA-400 and other major retail corridors, ensuring high traffic and visibility. This is a 1031 exchange eligible property.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Dawsonville
- County
- Lumpkin
- State
- Georgia
- Longitude
- -84.0240395
- Latitude
- 34.4736694
