For Sale
$981,000

21317 Us-82Hortense, GA 31543

Coastal GA, strong ROI, NNN lease.

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional investment opportunity presents a 9,100-square-foot Dollar General store located in Hortense, Georgia, within the Brunswick MSA. Boasting a prime location on US-82 (11,500 VPD), this property benefits from high visibility and strong traffic counts. The store sits on a 2.17-acre lot and was constructed in 2016. A corporate-guaranteed NNN lease with Dollar General (S&P: BBB) ensures a stable income stream, with 6.3 years remaining on the primary term and four 5-year options with 10% rent increases each. The current annual net operating income (NOI) is $73,502, representing a 7.50% cap rate on the $981,000 asking price. This top-performing Dollar General, ranking in the top 12% nationally, serves a substantial customer base of 182,200 annually. The Brunswick MSA, a gateway to the Golden Isles tourist destination (2.9 million annual visitors), offers significant economic advantages and growth potential. The tenant is responsible for all expenses, including taxes, insurance, roof, and structure maintenance. This is a rare opportunity to acquire a high-performing, low-risk retail investment in a thriving coastal Georgia market. The property's strong financials, coupled with the long-term lease and built-in rent escalations, make it an attractive addition to any portfolio.

Property Details for 21317 Us-82

Property type
Retail properties, Grocery and convenience stores
Year Built
2016
Lot Size (sq. ft)
94,525 SF

Location Insight

City
Hortense
County
Brantley
State
Georgia
Latitude
31.2219903
Longitude
-81.8550511
21317 Us-82, Hortense, 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].
21317 Us-82
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