76 Highway 286Chatsworth, GA 30705

Property Details for 76 Highway 286

Lot size

0.07 AC

Property size (Sq ft)

8,000 SF

Property type

Retail properties

Property subtype

Retail space

Description

This exceptional investment opportunity presents a single-story, 8,000-square-foot Family Dollar storefront located at 76 Highway 286, Chatsworth, GA 30705. The property sits on a 0.067-acre lot and is zoned C4-Commercial (APN: 0064A-019-002). Currently operating under a Net Lease (NNN) agreement with a corporate guarantee, the tenant has occupied the space for 10 years and has a remaining lease term of approximately 1.6 years (commencing July 1, 2024, and expiring June 30, 2026). The current Net Operating Income (NOI) is $68,000, yielding a 4.53% cap rate. However, the lease includes six six-year renewal options. If the first option is exercised in June 2026, the pro-forma NOI will increase to $107,076, resulting in a significantly higher 7.14% cap rate. The asking price for this property is $1,500,000, translating to a price per square foot of $187.50. This presents a compelling opportunity for investors seeking a stable, long-term, and appreciating asset with a strong national tenant. The property's 100% occupancy ensures immediate cash flow, and the potential for substantial cap rate growth makes this an attractive investment.

Location Insight

City

Chatsworth

County

Murray

State

Georgia

Latitude

34.8265

Longitude

-84.775

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].