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9290 Lavonia Road, Carnesville, GA, 30521

Family Dollar (Dark)

$931,123

Key Information

Cap Rate
9.5%
Tot. SF
7,313
Lot Size
1.16 Acres
Year Built
2015
Term Remaining
± 4.5 Years
Type
Retail
NOI
$88,455

Highlights

• Absolute NNN (Dark Store) — This property features an Absolute NNN lease with zero landlord responsibilities, offering 100% passive income. Due to the fact the location is currently “dark,” a prospective purchaser benefits from steady rental cash flow while evaluating future value-add repositioning or backfill strategies.
• Corporate Tenant — The lease is signed by Family Dollar Stores of Georgia, Inc., Family Dollar operates over 7,100 locations across the country with a reported revenue of ~$13B in the last Fiscal Year. Despite the store being dark, the tenant remains contractually obligated to fulfill all financial responsibilities, including rent, real estate taxes, insurance, and property maintenance throughout the remainder of the lease term.
• Passive Value-Add Investment — This asset represents an ideal play for an investor seeking high-yield, low-risk corporate income in the short term, paired with the long-term upside of inheriting a well-maintained, freestanding commercial building in growing Northeast Georgia.
• Strategic Highway Exposure — The subject property is located directly off Lavonia Road (GA-59), a primary thoroughfare connecting Carnesville to surrounding submarkets and nearby Interstate 85 (I-85). This grants the real estate excellent long-term intrinsic value and consistent visibility.
• Strong Regional Income & Wealth — Carnesville features an impressive median household income of approximately $85,000, with a notable 38% of the local population earning between $75,000 and $149,000. This provides strong, underlying consumer purchasing power for future retail use.

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