Net Lease Investment Offering Dollar General 4511 Alabama Hwy
Chad Manion & Associates Commercial Investment Real Estate Brokerage Net Lease Investment Offering Dollar General 4511 Alabama Hwy, Coosa, GA 30165 7,500 square feet 0.7+/- acre Built 1998 Annual NN Rent: $31,506 ($31,800 - $294 base property taxes) Lease term remaining: 5 years 10 months (Jan 31, 2025) Offering price: $440,000 7.16% cap rate $58.66/sf Chad Manion & Associates 5041 Dallas Highway, Suite 700, Powder Springs, GA 30127 Chad Manion – Broker | 770-778-5904 | cmanion@outlook.com | www.chadmanion.com Chad Manion & Associates Commercial Investment Real Estate Brokerage Dollar General 4511 Alabama Hwy, Coosa, GA 30165 Location Maps: Chad Manion & Associates 5041 Dallas Highway, Suite 700, Powder Springs, GA 30127 Chad Manion – Broker | 770-778-5904 | cmanion@outlook.com | www.chadmanion.com Chad Manion & Associates Commercial Investment Real Estate Brokerage Net Lease Investment Summary Dollar General 4511 Alabama Hwy, Coosa, GA 30165 Property: Dollar General Coosa, GA Location 4511 Alabama Hwy, Coosa, GA 30165 County Floyd Tax ID F13Y233 Year built 1998 Square feet 7,500 Acreage 0.7 +/- Tenant/Guarantor: Dolgencorp, Inc. (Dollar General Corporate) Lease: Lease term expiration January 31, 2025 (5 years, 10 months to expiration) NN: Landlord responsible for $294/year property taxes (landlord pays entire bill, tenant reimburses), roof, structure, Lease type (NN or NNN) parking repairs above $250, 50% of HVAC Monthly lease rate/NOI $2,650 Annual lease rate/NOI $31,800 Rent increases Increases to $3,000/month, $36,000/year at next renewal Asking price $440,000 Rent/sf $4.20 Cap rate at asking price 7.16% Asking price/sf $58.66 Chad Manion & Associates 5041 Dallas Highway, Suite 700, Powder Springs, GA 30127 Chad Manion – Broker | 770-778-5904 | cmanion@outlook.com | www.chadmanion.com Chad Manion & Associates Commercial Investment Real Estate Brokerage Dollar General Corporation (NYSE: DG) is an American chain of variety stores headquartered in Goodlettsville, Tennessee.
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