For Sale
$2,723,284

196 Veterans PkwyHinesville, GA 31313

High-yield Dollar General NNN lease.

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional investment opportunity presents a 10,542 square foot pOpshelf (a Dollar General brand) storefront located at 196 Veterans Pkwy, Hinesville, GA 31313. The property sits on a 1.43-acre lot and boasts a strong location with over 35,500 vehicles passing daily on US-84. Built in 2022, this single-story building is currently 100% occupied under a corporate-guaranteed, absolute NNN lease with Dollar General (NYSE: DG), an investment-grade tenant (S&P: BBB). The lease commenced December 14, 2022, and has a remaining term of 13.1 years, expiring December 30, 2037. The lease includes 10% rent bumps in each option period. The asking price is $2,723,284, translating to $258.33 per square foot. The property benefits from a strong retail environment, including nearby Tractor Supply Co, Jiffy Lube, McDonald's, PetSmart, and Hobby Lobby. Hinesville's robust growth, fueled by Fort Stewart and its proximity to Savannah, GA, and Interstate 95, ensures a stable and promising investment. Average household income within a one-mile radius exceeds $66,000. This is a rare opportunity to acquire a high-performing, low-maintenance, net-leased retail property with a long-term, creditworthy tenant.

Highlights

  • 10,542 SF pOpshelf (Dollar General) in Hinesville, GA.
  • Located on a 1.43-acre lot at 196 Veterans Pkwy with over 35,500 VPD on US-84.
  • Built in 2022, 100% occupied under a corporate-guaranteed, absolute NNN lease with Dollar General (investment-grade tenant).
  • 13.1-year lease remaining (expires 12/30/2037) with 10% rent bumps in each option period.
  • Asking price: $2,723,284 ($258.33/SF).

Property Details for 196 Veterans Pkwy

Property type
Retail properties, Retail space
Square Feet
10,542 SF
Year Built
2022
Stories
1
Lot Size (sq. ft)
62,291 SF

Location Insight

City
Hinesville
County
Liberty
State
Georgia
Latitude
31.8314483
Longitude
-81.6141678
196 Veterans Pkwy, Hinesville, Georgia

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196 Veterans Pkwy
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