Family Dollar Net Lease Investment | 5.9% Cap Rate | Atlanta MSA

For Sale$2,395,000

4226 Washington Road, East Point, GA 30344

  • Retail
  • Freestanding
  • Family Dollar Net Lease Investment | 5.9% Cap Rate | Atlanta MSA
  • Family Dollar Net Lease Investment | 5.9% Cap Rate | Atlanta MSA
  • +5 images Family Dollar Net Lease Investment | 5.9% Cap Rate | Atlanta MSA

Family Dollar Net Lease Investment | 5.9% Cap Rate | Atlanta MSA, East Point, GA 30344 - Retail Space

Family Dollar Net Lease Investment | 5.9% Cap Rate | Atlanta MSA is located at 4226 Washington Road in the Highwood Park neighborhood, GA, East Point, 30344. The Retail building was completed in 2016 and features a total of 8,320 Sqft.

The retail space availability for the 30344 zip code is 16,798 Sqft, in 3 retail spaces.

In 2016, the same year Family Dollar Net Lease Investment | 5.9% Cap Rate | Atlanta MSA was built, 22 more commercial properties (office, industrial, retail) over 50,000 square feet were built in East Point, featuring 1,534,241 square feet of commercial space. At zip code level, there are 49 commercial properties, of which 5 are retail buildings over 50,000 square feet.

Nearby Listings

Nearby Properties

Details

  • Price $2,395,000
  • City East Point
  • Neighborhood Highwood Park
  • Zip Code 30344
  • Market Atlanta
  • Property Type Retail - Freestanding
  • Property Size 8,320 Sqft
  • Lot Size 1.55 Acre
  • Property Tenancy Single Tenant
  • Year Built 2016
  • Date Updated 03 Dec, 2020

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.com.

Description

TBD

Highlights

  • Absolute NNN leased, all brick Family Dollar located in metro Atlanta (Fulton) with over 56,000 population within 3 miles
  • Strong sales at this newer 2016 construction
  • Attractive 8,320 SF store on ± 1.5 acres
  • 10+ years remaining on 15 year NNN lease with rare 10% increase in year 11 and six 5-year options with 10% increases in each option period with no landlord responsibilities
  • Traffic counts of ± 11,000 VPD with close proximity to Interstate 285 and Camp Creek Marketplace
  • Investor peace of mind of having an “essential business” with strong corporate guarantor
  • Average cap rate for remaining initial term of 6.2%
  • Offered at a 5.9% cap rate

FREQUENTLY ASKED QUESTIONS

What is the lease rate for Family Dollar Net Lease Investment | 5.9% Cap Rate | Atlanta MSA?

Rental asking rate at Family Dollar Net Lease Investment | 5.9% Cap Rate | Atlanta MSA is Offered Unpriced per square foot.

What is the total square footage of Family Dollar Net Lease Investment | 5.9% Cap Rate | Atlanta MSA?

Family Dollar Net Lease Investment | 5.9% Cap Rate | Atlanta MSA totals 8,320 square feet.

When was this property built?

Family Dollar Net Lease Investment | 5.9% Cap Rate | Atlanta MSA was built in 2016.

Highwood Park Demographics

The average household income in zip code 30344 is $56,292, from a total of 13,205 households. In terms of employment, there are 77.78 % white-collar and 22.22 % blue-collar jobs in zip code 30344.

Population

  • Total Population32,690
  • Male Population(46.6 %) 15,220
  • Female Population(53.4 %) 17,470
  • Median Age34.80

Income/Financial

  • Average Household Income$56,292
  • Median Household Income$43,332
  • Median Income Under 25$41,250
  • Median Income 25-44$43,354
  • Median Income 45-64$50,681
  • Median Income Over 65$35,660

Commercial Broker Register now to add listings

broker

Nancy Miller, CCIM, MBA

Bull Realty, Inc.

(404) 876-1640

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