1934 Harrietts Blf RdKingsland, GA 31548

  • Retail properties
  • 9,100 SF
For Sale
$1,535,000 View listing

Property Details for 1934 Harrietts Blf Rd

Year built
2021
Lot size
1.30 AC
Property size (Sq ft)
9,100 SF
Property type
Retail properties
Property subtype
Other retail properties

Description

This exceptional investment opportunity presents a 9,100 square foot Dollar General store in Kingsland, Georgia, situated on a 1.3-acre lot. Built in 2021, this property boasts a 15-year NNN lease with a corporate guarantee from Dollar General, a NYSE-listed company with a BBB credit rating. The lease commenced January 30, 2021, and has 11.2 years remaining, with four, five-year renewal options including a 10% rent increase in October 2030 and every five years thereafter. The property enjoys a 6.75% cap rate and a strong NOI of $103,632, generating a price per square foot of $168.68. Located on Harrietts Bluff Road, this strategically positioned property benefits from high visibility and accessibility, with over 66,000 vehicles daily traversing I-95 nearby. The area demonstrates robust economic indicators, including an average annual household income within one mile of $87,534, projected to reach $101,773 by 2028. The property's proximity to a new 362-unit apartment complex and its distance from competing businesses (three miles to the nearest Dollar General, five miles to the nearest grocery store, and less than seven miles to the nearest big-box retailer) further enhances its investment appeal. This is a rare opportunity to acquire a high-performing, low-risk retail investment with significant long-term growth potential. The asking price is $1,535,000.

1934 Harrietts Blf Rd, Kingsland, Georgia

Location Insight

City
Kingsland
County
Camden
State
Georgia
Latitude
30.8485
Longitude
-81.6673

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