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663 E Parker St
Baxley, GA 31513

$832,727 USD

Freestanding For Sale  •  10,208 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 10,208 SF
  • Lot Size 1.14 AC
  • Building Class C
  • Year Built 2007
  • Cap Rate 8.25 %
  • Tenancy Single
  • Zoning B-2
0 Transit Score
31 Walk Score

Highlights

Investment-grade BBB credit Dollar General with corporate guarantee and $30B+ market cap.
Absolute NNN lease with ±5.4 years remaining and two 5-year renewal options.
Contractual rent growth with 10% increases in each option period for stable NOI.
±10,208 SF building on ±1.14-acre lot at high-visibility location with 10,700 VPD.
Top 64th percentile Dollar General location with 8,612 monthly visits.
Strong national tenant with 21,000+ stores and $40.61B annual revenue.
Cap Rate: 8.25 %

Major Tenants

Tenant SF Occupied Lease End Date
Dollar General 5/31/2021

Amenities

  • Pylon Sign
  • Signage

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 34
Type: Surface
Included in Rent: Yes
Nikolai Novak Matthews Real Estate Investment Services
Nikolai Novak Matthews Real Estate Investment Services