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6369 Thomaston Road, Macon, GA, 31220

Dollar General

$1,440,000

Key Information

Cap Rate
8%
Tot. SF
9,100
Year Built
2020
Type
Retail
NOI
$115,000

Highlights

• Corporate Guarantee (NYSE: DG): The lease is backed by a corporate guarantee from Dollar General, a Fortune 100 company and highly stable national tenant.
• Attractive Return Metrics: The asset is offered at a competitive listing price of $1,440,000, delivering a strong 8% cap rate. The property generates $115,000 in annual rent, which equates to $9,583 monthly.
• Long-Term Cash Flow: The current lease provides long-term security with 8.6 years of term remaining and an expiration date of May 31, 2035.
• Rent Increases: Features scheduled 10% rent escalations at the start of each of the four, 5-year renewal options, enhancing long-term income growth and acting as a hedge against inflation.
• High-Traffic Location: Strategically positioned at 6369 Thomaston Road in Macon, GA, the site benefits from high visibility and exposure to over 11,000 vehicles per day on Thomaston Rd, a primary commercial corridor.
• Strong Population Base: Macon has approximately 157,500 residents, providing a substantial customer base for nearby retail and essential-service businesses.
• Established Household Base: The market supports 70,000+ employed residents, indicating a sizable workforce and consistent economic activity throughout the area.
• Attractive Income & Age Profile: The area has a $51,234 median household income and a 36.6 median age, reflecting an established consumer base with ongoing household spending needs.

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