For Sale
$575,000

4929 Ga-136Trenton, GA 30752

Georgia Convenience Store - Strong Returns

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional investment opportunity presents a single-tenant, net-leased Dollar General store located at 4929 GA-136, Trenton, GA 30752, within the Chattanooga MSA. The 9,014 square foot building, constructed in 2003 and situated on a 3.61-acre lot, boasts a 100% occupancy rate with a credit-rated tenant. The current lease, extending to August 30, 2028, includes two five-year renewal options, each with a 10% rent increase. The property's strong performance is reflected in its $42,000 net operating income (NOI) and attractive 7.30% cap rate. The asking price is $575,000, translating to $63.79 per square foot. This established Dollar General, one of three in Trenton, has served the community since its opening in April 2003, demonstrating its enduring value and strong tenant history. The significant replacement cost of over $2 million underscores the exceptional value of this investment. This is a rare opportunity to acquire a well-performing, established retail property with a long-term lease and significant upside potential.

Highlights

  • 9,014 SF building on a 3.61-acre lot, built in 2003.
  • Dollar General's lease extends to August 31, 2028.
  • Two five-year lease options with 10% rent increases each.
  • Strong tenant history: Dollar General has occupied the property since 2003.

Property Details for 4929 Ga-136

Property type
Retail properties, Grocery and convenience stores
Square Feet
9,014 SF
Year Built
2003
Buildings
1
Stories
1
Lot Size (sq. ft)
157,252 SF

Location Insight

City
Trenton
County
Dade
State
Georgia
Latitude
34.86966235
Longitude
-85.52017484
4929 Ga-136, Trenton, Georgia

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4929 Ga-136
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