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4620 E Oglethorpe Hwy

Hinesville, GA 31313

$1,347,900

Freestanding For Sale  •  9,100 Sq Ft

Property Details

  • Property Type Freestanding
  • Total Building Size 9,100 Sq Ft
  • Lot Size 2 ac
  • Building Class C
  • Year Built 2016
  • Cap Rate 7.00 %
  • Tenancy Single
0 Transit Score
5 Walk Score

Description

Matthews REIS is pleased to present the exclusive listing for an Absolute NNN Dollar General in Hinesville, GA. The offering is subject to a 15-year absolute NNN lease with over 12 years remaining on the base term. The site is well located near Fort Stewart, the largest Army installation east of the Mississippi River, with a total military population over 50,000. The property consists of a total building GLA of ± 9,100 square feet on a ± 3.50 acre lot. Excellent retail position on E Oglethorpe Hwy with traffic counts in excess of 24,000 vehicles per day.

Highlights

Ideal NNN 1031 Exchange Property: No Landlord Responsibilities
New 2016 Construction with over 12 Years remaining on Absolute NNN Lease
Traffic Counts: 24,000+ Vehicles Per Day
Fort Stewart Military Base and Liberty County High School
Population: 70,000 People (Civilian and Military) in Hinesville

Property Flyers

Financial Summary (Actual)

Net Operating Income: $94,356 (2018)
Cap Rate: 7.00 %

Major Tenants

Tenant SF Occupied Lease End Date
Dollar General 9,100 SF 9/30/2031
Mitchell Glasson 949-432-4502 Matthews Real Estate Investment Services
Mitchell Glasson 949-432-4502 Matthews Real Estate Investment Services