555 Main StStatesboro, GA 30458

  • Retail properties
  • 1.98 AC
For Sale
$1,304,100 View listing

Property Details for 555 Main St

Year built
2011
Lot size
1.98 AC
Property type
Retail properties
Property subtype
Other retail properties

Description

This exceptional investment opportunity presents a single-tenant, net-leased Dollar General convenience store located at 555 E Main St, Statesboro, GA 30458. The property boasts a substantial 9,100 square feet on a nearly 2-acre lot, built in 2011. Currently enjoying a strong 7.00% cap rate and a NOI of $91,287, this asset offers a secure investment with a long-term lease. The lease with Dollar General extends to March 2031, with six 5-year renewal options at 10% rent bumps. This prime location benefits from a population exceeding 50,000 within a 5-mile radius, enhanced by the proximity to Georgia Southern University's 24,000-student population. Dollar General's proven business model, national footprint, and investment-grade credit rating (BBB, S&P) further solidify this investment's stability and potential for long-term growth. The property's APN is 0201XIG070QH681CGPHZ5N. This is a rare opportunity to acquire a well-performing, strategically located Dollar General in a thriving market. The asking price is $1,304,100.

555 Main St, Statesboro, Georgia

Location Insight

City
Statesboro
County
Bulloch
State
Georgia
Latitude
32.4549
Longitude
-81.7524

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