For Sale
$2,337,969

1060 Magic Hill Loop Shiloh, GA 31826

NNN Lease, High-Growth Market, New Construction

Overview

Added:
Dec 11, 2024
Days on market:
136
This exceptional investment opportunity presents a brand-new, 10,640-square-foot Dollar General Market store in Shiloh, Georgia, within the Columbus MSA. Built in 2024, this single-story retail property sits on a 4.83-acre lot at 1060 Magic Hill Loop, 31826. The property boasts a strong 100% occupancy rate under a corporate-backed, absolute NNN lease with Dollar General. The lease commenced July 25, 2024, and extends for a substantial 15-year term, expiring July 31, 2039, leaving a remaining term of approximately 14.7 years. The lease includes a favorable 5% rent increase every five years throughout the initial term and each option period, providing consistent rental growth. This Dollar General Market location is strategically positioned, offering convenient access to both Downtown Manchester (3 miles) and Columbus, GA (38 miles). The surrounding area demonstrates strong demographics, with average household incomes exceeding $62,235 within a 5-mile radius. Limited competition in the immediate area suggests robust sales potential for this larger-format Dollar General Market store, designed to accommodate an expanded selection of perishable food items. The asking price is $2,337,969, translating to a price per square foot of $219.73. This is a rare opportunity to acquire a high-performing, low-maintenance investment property with a secure, long-term lease.

Property Details for 1060 Magic Hill Loop

Property type
Retail properties, Grocery and convenience stores
Square Feet
10,640 SF
Year Built
2024
Stories
1
Lot Size (sq. ft)
210,395 SF

Location Insight

City
Shiloh
County
Talbot
State
Georgia
Latitude
32.836583881559
Longitude
-84.621431807957

FAQs

What type of property is this?
Retail property - NNN Lease, High-Growth Market, New Construction
Where is the retail property located?
The property is located at 1060 Magic Hill Loop Shiloh, GA.
What is the asking price?
The asking price for this property is $2,337,969.
How can I contact the broker?
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1060 Magic Hill Loop
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