Matthews Logo

Navigation Menu

11510 Luthersville Rd, Gay, GA, 30218

Dollar General
$1,115,234

Key Information

Cap Rate
7.05%
$ per SF
$153
Tot. SF
7,260
Lot Size
2 Acres
Year Built
2019
Term Remaining
± 7.75 Years
Type
Retail
NOI
$78,624

Highlights

• 2019 UPGRADED build-to-suit construction for Dollar General
• Absolute NNN lease with zero management responsibility
• Corporately guaranteed lease from Dollar General Corporation
• Dollar General remodeled this location in 2026 proving long term commitment to the site
• Extremely strong average household income of $82,281 annually (5 Mile)
• Estimate population growth of 10.25% over the next 5 years
• Average household income of $82,281 annually (sweet-spot for a discount retailer)
• Subject property is positioned just one hour south of Atlanta, the sixth-largest metro area in the U.S., and approximately 40 miles from Hartsfield–Jackson Atlanta International Airport
• Limited competition – the nearest dollar store is over 9 miles away

Photos

Location

Agents

Broker of Record

Maxx Bauman

License # 451849, 80041 (GA)
Matthews Real Estate Investment Services, Inc
3060 Peachtree Rd NW, Ste 1450, Atlanta, GA 30305