Family Dollar

Family Dollar

8964 Highway 29 South
Hull (Athens MSA), GA

Price: $1,345,000
Cap: 7.25%
NOI: $97,500
Building Size: 8,247 SF
Lot Size: 1.54 AC

Investment Highlights

BRAND NEW CONSTRUCTION STORE
• New 8,247 SF build to suit Family Dollar currently under construction and scheduled for delivery in December 2018.

ATHENS MSA
• Hull is well-located approximately 6 miles from Athens, GA and is part of the Athens-Clarke County MSA.
• Athens is the 6th largest city in GA with an estimated population of 209,271.
Athens is home to the University of Georgia (46,000+ Student & Faculty).
• Athens is 70 miles Northeast of downtown Atlanta.

ATHENS MSA
• Founded in 1785, UGA is the state’s flagship and largest university with 46,000+ Student & Faculty
• The campus encompasses 762 acres and employees over 10,665 people.
• The University is ranked 16th overall among all public universities in the U.S. and offers 140 degree programs with an endowment of $1.64 billion
• UGA, most commonly known for football, offers 21 varsity sports and has won 41 national championships, 29 since 1999.

ATTRACTIVE RETAIL LOCATION
• The subject property is well located on U.S. 29 with 18,600 VPD and approximately 5 miles away from Athens, GA.
• Surrounding national retailers include CVS, Ingles, Starbucks, Shell, BB&T Golden Pantry, and more.

NEW LONG TERM CORPORATE LEASE
• New 10-Year lease expected to commence in December 2018.
• Rental Increases every 5-Years beginning in year 11.
• The Lease is NN with minimal landlord responsibilities.
• Tenant is responsible for Taxes, CAM, Insurance and HVAC.

INVESTMENT GRADE TENANT
• Dollar Tree/Family Dollar recently upgraded to investment grade credit rating | S&P BBB
• Largest most successful single-price-point retailer in North America.
• Dollar Tree/Family Dollar Operate 15,000+ stores across 48 states and five Canadian provinces.
• Annual Revenues exceed $22 Billion.

Don McMinn
OFFERING MEMORANDUM

Email not recognized.
In lieu of a confidentiality agreement, we request that you complete the following form in order to download an Offering Memorandum or try again.







Principle or Broker?