Property summary
This exceptional investment opportunity presents a freestanding Family Dollar store, backed by Dollar Tree, Inc., operating under an absolute NNN lease with a remaining term of approximately 7.9 years, expiring September 30, 2032. The property boasts 8,247 square feet on a 1.01-acre lot, built in 2017, and enjoys 100% occupancy. The strong financial performance is highlighted by a 7.00% cap rate and a net operating income (NOI) of $107,518. Situated at 995 Winterville Rd, Athens, GA 30605, this location benefits from excellent visibility and high traffic counts, exceeding 6,740 vehicles per day, with easy access to US 78 and US 441 (combined traffic count: 52,000 VPD). The property's strategic location is further enhanced by its proximity to the University of Georgia (approximately 2 miles), serving a substantial student and faculty population of over 46,000. The surrounding area demonstrates strong demographics, with a population exceeding 104,161 within a 5-mile radius and an average household income exceeding $74,143 within the same radius. Rent bumps are included in the lease agreement. This investment offers a compelling combination of a strong tenant, favorable lease terms, and a prime location in a thriving market. The property's single-story building provides ease of management and maintenance.
Property profile
VerifiedCap rate & NOI
Current use
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Cinema (Bike/Boat/Book/etc) Store
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Discount Store
Location
Value estimations
Owner & transaction history
Zoning & alternative use
This district is designed to stabilize, improve and protect the characteristics of those areas providing commercial commodities and services
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
C-G · Athens, GAThis district is designed to stabilize, improve and protect the characteristics of those areas providing commercial commodities and services
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
This district is designed to stabilize, improve and protect the characteristics of those areas providing commercial commodities and services
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for C-G in Athens, GA.
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