For Sale
$2,130,000

750 Main StBlakely, GA 39823

Georgia Retail Property - High ROI

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional investment opportunity presents a brand-new, 10,640-square-foot Dollar General Mini Market in Blakely, Georgia. Built in 2024, the property boasts a 15-year absolute NNN lease with a highly-rated ("BBB" by S&P) investment-grade tenant. The lease includes attractive 5% rental increases every five years throughout the base term and five, 5-year options, ensuring consistent income growth. The property's strong NOI of $143,796 translates to a compelling 6.75% cap rate. Located at 750 N Main St, Blakely, GA 39823, this strategically positioned store serves a substantial population of over 10,500 residents in Early County, with limited competition (only one other Dollar General within a 14-mile radius). The property benefits from its proximity to key community assets, including LifeBrite Community Hospital, several K-12 schools, Walter F. George Lake, and Kolomoki Mounds State Park, driving significant foot traffic and economic activity. This is a rare opportunity to acquire a high-performing, low-maintenance retail investment with a long-term, secure lease and substantial upside potential. The asking price is $2,130,000.

Highlights

  • 15-Year Absolute NNN Lease with no landlord responsibilities.
  • Rare 5% rental increases every five years throughout the base term and five, 5-year options.
  • New 2024 construction, 10,640 SF Dollar General Mini Market with expanded grocery offerings.
  • Investment-grade tenant (S&P BBB rating).
  • Nation's largest retailer, Dollar General, with 19,700+ stores.
  • Brand new 2024 construction on an oversized parcel.

Property Details for 750 Main St

Property type
Retail properties, Retail space
Square Feet
10,640 SF
Year Built
2024

Location Insight

City
Blakely
County
Early
State
Georgia
Latitude
31.3915388
Longitude
-84.9338098
750 Main St, Blakely, Georgia

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750 Main St
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