249 441 Historic Hwy N - Convenience Store FOR SALE


Demorest, GA 30535
$2,283,508 USD
404-475-9000
249 441 Historic Hwy N, Demorest, GA for Sale
$2,283,508 USD
Convenience Store - FOR SALE
1/1
null | 6.5% Cap Rate

249 441 Historic Hwy N
Demorest, GA 30535


OVERVIEW

*Freestanding Dollar General Store *New 2024 Construction *Upgraded Brick Front Construction *NEW LEASE STRUCTURE: 5% Increase EVERY Five (5) years AND 5% in each option period *Excellent visibility with over 14,400 Vehicles Per Day *Household Income exceeds $93,047 Within a 5- Mile Radius of Site *Population Over 55,888+ Within 10 Miles *Piedmont College is approx. 1.3 miles away with ~2,500 student enrollment *Conveniently located approximately 1 mile to Downtown Demorest

FOR SALE DETAILS

PRICE

$2,283,508 USD

PRICE/SF

$215 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

New NNN Dollar General - Cornelia, GA MSA

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.47 AC

LAND SF

107,593 SF

ZONING

-

APN/PARCEL ID

077-001A

ASK ABOUT THIS PROPERTY

Bill WeitzenkornSWE Realty, LLCMore Info
404-475-9000

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Bill WeitzenkornSWE Realty, LLCMore Info
404-475-9000

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