1251 Washington St - Freestanding FOR SALE


Jefferson, GA 30549
$1,026,000 USD
404-832-1251
1251 Washington St, Jefferson, GA for Sale
$1,026,000 USD
Freestanding - FOR SALE
1/3
null | 8.51% Cap Rate

1251 Washington St
Jefferson, GA 30549


HIGHLIGHTS

  • 25+ year operating Family Dollar on a NNN structured lease: Owner responsible for roof and structure
  • Annual sales well outpace the AUV for the brand: $1.776M against an AUV of $1.3M
  • Strong population growth in the local community: Currently averaging over 5% population growth YOY
  • Family Dollar has executed multiple options at this site showing strong dedication
  • Located less than a mile from the Jefferson City Schools: Combined 2,328 students between Jefferson Middle and High School
  • Healthy mix of nearby national tenants: Publix, Kroger, Aldi, AutoZone, CVS, Starbucks, Chick-Fil-A, and Jersey Mikes all located within local area

OVERVIEW

Franklin Street is pleased to present this freestanding Family Dollar in Jefferson, Georgia. Jefferson is located just south of I-85 and splits the difference between Athens and Gainesville. Due to its easy access to the interstate, Jefferson is also located less than an hour from greater Atlanta. Jefferson has seen substantial growth since 2020, and is currently growing at an annual rate of over 5%. According to the latest census report, Jackson county is one of the four fastest growing counties in the country. Businesses have also flocked to Jefferson and Jackson County, with the SK Battery Plant recently opening in nearby Commerce. The plant added thousands of jobs to the communities, and helped start a push for industrial growth in the area. The strong district school system has also been a significant factor in spurring population growth in the area. Family Dollar is one of the nation's leading discount retailers with over 8,000 locations, and has been in operation since 1959. It's partnership with Dollar Tree has helped strengthen the financial standing of the brand and ease prior debt concerns. This location has been in operation since 1998, and boasts exceptional sales that outpace the average unit volume for the chain. Located less than a mile from Jefferson Middle and High School, this Family Dollar is well situated within town, with other national tenants including AutoZone, Publix, Kroger, Chick-Fil-A, Jersey Mikes, CVS, Aldi, Dollar Tree, and Starbucks. The site has limited competition, as there is not another Family Dollar for 20+ minutes.

FOR SALE DETAILS

PRICE

$1,026,000 USD

PRICE/SF

$147 USD /SF

CAP RATE

8.51%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Family Dollar

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront, Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1998

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.88 AC

LAND SF

38,333 SF

ZONING

-

APN/PARCEL ID

067-028

ASK ABOUT THIS PROPERTY

Bryan BelkFranklin StreetMore Info
404-832-1251

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Bryan BelkFranklin StreetMore Info
404-832-1251

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.