This exceptional investment opportunity presents a brand-new, 10,000-square-foot Dollar Tree located in Athens, Georgia. The property boasts a strong 7.00% cap rate, a 10-year net lease with a corporate guarantee from Dollar Tree, Inc., a company with a market capitalization exceeding $28 billion and an S&P credit rating of BBB. The lease commenced October 31, 2024, and expires October 30, 2034, providing long-term stability. Rent bumps of $5,000 are included every five years. Situated on a 1.52-acre lot, this Class A retail building is strategically positioned at a signalized intersection on College Station Road, experiencing 21,000 vehicles per day. Its prime location offers exceptional access to a significant student population, with proximity to two large student housing communities (Polo Club Athens Apartments and Reserves at Athens), totaling over 1,185 beds, and the University of Georgia (40,000 students and 7,700 staff). Further enhancing its appeal is its adjacency to the UGA Veterinary Teaching Hospital and a dense residential area with over 1,600 apartments within a one-mile radius. The property also benefits from a high concentration of major retailers within a one-mile radius, including Publix, Kroger, Chick-fil-A, and Wendy's, totaling over 576,000 square feet of retail space. The property's net operating income (NOI) is $210,000. All warranties will be assigned to the new owner. This is a fee-simple ownership opportunity with a single tenant occupancy and four five-year lease options. The asking price is $3,000,000.
Highlights
$3,000,000 asking price for a 10,000 square foot, Class A, Net Leased Dollar Tree property.
10-year lease commencing October 31, 2024, with a corporate guarantee.
7.00% cap rate, producing a $210,000 NOI.
Located on 1.52 acres at 1265 College Station Rd, Athens, GA 30605, in a dense residential area with high foot traffic.
New construction with Dollar Tree's new prototype, including warranties assigned to the new owner.
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].
Contacts
David Hoppe
Visit Broker Website
Learn more
Useful Information
Request information
1265 College Station Rd, Athens, Georgia, 30605
Message sent successfully
Error
Email this Information
Message sent successfully
Error
Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
1265 College Station Rd
Sign Up
Already a member?
Just one more step, let’s verify your email
We have sent a verification link to
Please check your inbox to complete the process.
Just click on the link in that email to complete your Sign up.
If you don’t see it, you may need to check your spam folder.
Email verification link expired
It seems that the verification link has expired.
No worries! We can send you a new link to email
Log In
Don't have an account?
Reset your password
New to Paperhouses?
Paperhouses
Reset your password
Enter the email address associated with your account and we'll send you a link to reset your password.
Check your email
We've resent password reset instructions to if it is an email on file.
Thanks! If matches an email we have on file, then we've sent you an email containing further instructions for resetting your password.
If you haven't received an email in 5 minutes, check your spam, resend, or try a different email.