4193 Vickers XingAmbrose, GA 31512

  • Retail properties
  • 7,900 SF
For Sale
$1,050,000 View listing

Property Details for 4193 Vickers Xing

Year built
2017
Construction
STEEL FRAME
Lot size
2.65 AC
Property size (Sq ft)
7,900 SF
Zone code
AMBR
Property type
Retail properties
Property subtype
Outlet malls
APN
A002 - -049
APU
A002049

Description

This fee-simple, 9,100 square foot Dollar General in Ambrose, Georgia, presents a compelling investment opportunity. The property boasts a 15-year triple-net (NNN) lease with five, 5-year options, providing a stable, passive income stream. The lease commenced February 20, 2017, and currently has approximately 7.3 years remaining until the next option period. Rent increases are structured with a 10% bump at each option period. The property features a strong credit-rated tenant, Dollar General, backed by a corporate guarantee. The current annual net operating income (NOI) is $78,684, yielding a 7.50% cap rate on the $1,050,000 asking price. Built in 2017, this strategically located store enjoys high visibility and serves as the only Dollar General within a significant radius, catering to a growing consumer base in Coffee County. The property's location between Douglas and Fitzgerald ensures convenient access for a wide customer base. This is an ideal hands-off investment for those seeking a secure, long-term, high-yield return.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,444,975
    6.5%
    $1,333,823
    7%
    $1,238,550
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,415,260
    Geo Method
    $1,415,260
  • Alternative Use

    Use
    Valuation
    Residential
    $1,125,130
    Hospitality
    $1,030,613
    Educational
    $857,458
    Medical
    $886,947
    Retail
    $1,333,823
4193 Vickers Xing, Ambrose, Georgia

Location Insight

City
Ambrose
County
Coffee
State
Georgia
Latitude
31.5931
Longitude
-83.0143
CBSA code
20060
CBSA name
DOUGLAS, GA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$4,716
$4,102
$208,772
$212,874
-
$10,256
$521,930
$532,186

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