For Sale
$2,280,000

106 Salem Church RdMilledgeville, GA 31061

High-yield, 15-year NNN lease, strong tenant.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents a 10,640 square foot Dollar General store situated on a 3.58-acre lot at 106 Salem Church Rd SW, Milledgeville, GA 31061. The property boasts a prime location on Highway 49, a major connector to Macon, GA, and is only 7 miles from Highway 441. This hard corner location benefits from high visibility and significant daily traffic volume (Highway 49: 6,460 VPD

Highlights

  • 15-Year NNN Corporate Lease with Dollar General; 5% rent increases every 5 years. Tenant responsible for all expenses (taxes, insurance, CAM, roof, structure). New construction, delivery November 2024.
  • Hard corner location on Highway 49 (6,460 VPD), 20 minutes from Macon, GA. 7 miles from Highway 441 (20,800 VPD).
  • Milledgeville, Baldwin County seat; 20 minutes northeast of Macon, 1.5 hours southeast of Atlanta. Three colleges (over 19,500 students).
  • Investment-grade tenant (S&P: BBB), over 20,000 locations, plans 800 new stores in 2024.

Property Details for 106 Salem Church Rd

Property type
Retail properties, Retail space
Square Feet
10,640 SF
Year Built
2024
Lot Size (sq. ft)
155,945 SF

Location Insight

City
Milledgeville
County
Baldwin
State
Georgia
Latitude
33.0121196
Longitude
-83.3422413
106 Salem Church Rd, Milledgeville, Georgia

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
106 Salem Church Rd
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message