995 Winterville RdAthens, GA 30605

Property Details for 995 Winterville Rd

Year built

2017

Construction

STEEL FRAME

Lot size

1.01 AC

Property size (Sq ft)

8,320 SF

Zone code

C-G

Property type

Retail properties

Property subtype

Outlet malls

APN

17-2-B4 A-012-B

APU

172B4A012B

Description

This exceptional investment opportunity presents a freestanding Family Dollar store, backed by Dollar Tree, Inc., operating under an absolute NNN lease with a remaining term of approximately 7.9 years, expiring September 30, 2032. The property boasts 8,247 square feet on a 1.01-acre lot, built in 2017, and enjoys 100% occupancy. The strong financial performance is highlighted by a 7.00% cap rate and a net operating income (NOI) of $107,518. Situated at 995 Winterville Rd, Athens, GA 30605, this location benefits from excellent visibility and high traffic counts, exceeding 6,740 vehicles per day, with easy access to US 78 and US 441 (combined traffic count: 52,000 VPD). The property's strategic location is further enhanced by its proximity to the University of Georgia (approximately 2 miles), serving a substantial student and faculty population of over 46,000. The surrounding area demonstrates strong demographics, with a population exceeding 104,161 within a 5-mile radius and an average household income exceeding $74,143 within the same radius. Rent bumps are included in the lease agreement. This investment offers a compelling combination of a strong tenant, favorable lease terms, and a prime location in a thriving market. The property's single-story building provides ease of management and maintenance.

Location Insight

City

Athens

County

Clarke

State

Georgia

Latitude

33.955

Longitude

-83.3442

CBSA code

12020

CBSA name

ATHENS-CLARKE COUNTY, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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