3540 Highway 81McDonough, GA 30252

Property Details for 3540 Highway 81

Year built

2010

Construction

STEEL FRAME

Lot size

1.50 AC

Property size (Sq ft)

9,217 SF

Property type

Retail properties

Property subtype

Retail space

APN

155-01001008

APU

15501001008

Description

This exceptional investment opportunity presents a single-tenant, net-leased Dollar General store located at 3540 Hwy 81, McDonough, Georgia 30252. The property boasts a substantial 9,014 square feet and is classified as a Class B retail building. The asking price is $1,455,680, translating to a price per square foot of $161.49. This translates to a compelling 6.25% capitalization rate, based on a net operating income (NOI) of $90,980. The property has been consistently occupied since its opening date of December 14, 2009, providing a history of stable income generation. The property is categorized as a grocery store and falls under the retail property type. This investment is structured as a net lease, minimizing the management responsibilities for the buyer. Situated in Henry County, Georgia, this Dollar General enjoys a prime location within the thriving McDonough market. The property's strong tenant, consistent occupancy, and attractive financial metrics make it an ideal addition to any diversified real estate portfolio. Further details are available in the offering memorandum.

• CAP approach

  CAP return

  Valuation

  6%

  $1,723,350

  6.5%

  $1,590,785

  7%

  $1,477,157

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,530,628

  Geo Method

  $4,530,628

• Alternative Use

  Use

  Valuation

  Residential

  $1,341,886

  Hospitality

  $1,229,161

  Educational

  $1,022,647

  Medical

  $1,057,818

  Retail

  $1,590,785

Location Insight

City

Mcdonough

County

Henry

State

Georgia

Latitude

33.436

Longitude

-84.0367

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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