5714 Martha Berry HwyRock Spring, GA 30739

  • Retail properties
  • 2.43 AC
For Sale
$2,492,000 View listing

Property Details for 5714 Martha Berry Hwy

Year built
2024
Lot size
2.43 AC
Property type
Retail properties
Property subtype
Other retail properties

Description

This exceptional investment opportunity presents a brand-new, 10,640-square-foot Dollar General store in Rock Spring, Georgia, situated on a 2.43-acre lot. The property boasts a 15-year net lease with a corporate guarantee from Dollar General, commencing December 1, 2024, and expiring December 1, 2039. The lease includes five, 5-year options with a 5% rent increase every five years, ensuring consistent income growth. The current annual net operating income (NOI) is $164,436, representing a 6.60% capitalization rate on the $2,492,000 asking price. The building, constructed in 2024, is a single-story structure with 100% occupancy. The tenant is fully responsible for all operating expenses, including taxes, insurance, and building maintenance. This location benefits from high visibility on Highway 27 (16,300 vehicles per day), proximity to Georgia Northwestern Technical College (13,734 students), and a new 135-home subdivision under construction nearby. The property's strategic location within the Chattanooga Metropolitan Statistical Area (MSA), the fourth largest city in Tennessee, provides access to a robust and growing market. Chattanooga's thriving economy, driven by tourism, manufacturing, and other key industries, further enhances the investment potential. Dollar General, a Fortune 500 company with an S&P investment-grade credit rating, operates over 20,000 locations nationwide, demonstrating financial stability and long-term viability. This is a turnkey investment with significant upside potential.

5714 Martha Berry Hwy, Rock Spring, Georgia

Location Insight

City
Rock Spring
County
Walker
State
Georgia
Latitude
34.824
Longitude
-85.2205

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