For Sale
$1,690,000

5050 High Falls RdJackson, GA 30233

High-yield, net-leased Family Dollar

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional investment opportunity presents a fee-simple, 10,500 square-foot Family Dollar store in Jackson, Georgia. Built in 2023, the property boasts a strong 8.00% cap rate and a substantial 9.3 years remaining on the initial lease term, with four, five-year options. The tenant, Dollar General, Dollar Tree, and Family Dollar, benefits from a corporate guarantee, ensuring financial stability. Located on a 1.54-acre lot at 5050 High Falls Rd, Jackson, GA 30233, this property is approximately one hour from Atlanta. The net operating income (NOI) is $135,135, with a price per square foot of $160.95. The lease is a Net Lease (NN+) structure, and rent increases are built in at $0.50/SF in the option periods. The property features a 20-year roof warranty and 100% occupancy since February 1st, 2024. This is a prime retail investment with significant long-term potential. The lease commenced January 31st, 2024, and rent commencement is February 27th, 2034, with lease expiration on February 28th, 2034.

Highlights

  • New 2023 construction.
  • 9.3+ years remaining on initial lease term with four, five-year options.
  • NN+ lease; 20-year roof warranty.
  • Approximately one hour from Atlanta, GA.

Property Details for 5050 High Falls Rd

Property type
Retail properties, Grocery and convenience stores
Square Feet
10,500 SF
Year Built
2023
Lot Size (sq. ft)
67,082 SF

Location Insight

City
Jackson
County
Butts
State
Georgia
Latitude
33.174541
Longitude
-84.028693
5050 High Falls Rd, Jackson, Georgia

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5050 High Falls Rd
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