Dollar Tree – Augusta, GA

Investment Offering – $731,315

843 Laney Walker Blvd. Augusta, GA 309010

NOI: $69,475 Cap Rate: 9.50%
Lease Term: 5 Remaining Term: 5
Lease Type: NN Building Sq. Ft.: 9,925
Renewal Options: Five (5), Five (5) Year Options

PROPERTY HIGHLIGHTS

  • New 5 year term with Dollar Tree with two five year options periods
  • Backfill of an existing all Block 9,925 square Foot Building on large 1.15 acre parcel
  • Low Rent of $7psf and very low price point for a new national dollar store location
  • Exceptional going in yield given the credit worthiness of the Tenant
  • Across the street from top performing Family Dollar Store
  • Augusta is the principal city of the Augusta–Richmond County Metropolitan Statistical Area, which as of 2015 had an estimated population of 590,146, making it the second-largest metro area in the state after Atlanta
  • 150 Miles East of Hartsfield – Jackson Atlanta International Airport and 7 miles north of the Augusta Regional Airport
  • Excellent Visibility and Access along Laney Avenue on a large parcel with abundant parking.
  • As of January 2017, Dollar Tree has revenues of over $20 billion, a net income of $890 million and a net worth in excess of $5 billion. Standard and Poor’s credit Rating of BB+

CONTACT US

PAUL TRUPIA III
P: 646.791.0818
paul@kentwoodcapital.com

ED BRESLIN
P: 310.774.3790
ebreslin@kentwoodcapital.com

OFFERING
MEMORANDUM

To download the offering memorandum, please enter your name, email address and indicate whether you are a Buyer or Broker: