5050 High Falls RdJackson, GA 30233

Property Details for 5050 High Falls Rd

Year built

2023

Lot size

1.54 AC

Property size (Sq ft)

10,500 SF

Property type

Retail properties

Property subtype

Other retail properties

Description

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.

Location Insight

City

Jackson

County

Butts

State

Georgia

Latitude

33.1745

Longitude

-84.0287

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