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Dollar Tree Investment Opportunity | 9.5% Proforma Cap Rate

2738 Cleveland Hwy
Dalton, GA 30721
PRICE : $1,050,000
CAP RATE: 9.5%
PROPERTY TYPE: Retail
SITE SIZE: 2.82 Acres
BUILDING SIZE: 16,000 SF
YEAR BUILT: 2007

Highlights

  • Two-unit, retail building with income in place
  • Outstanding corporate-guaranteed lease with Dollar Tree
  • 6,000 SF of vacant retail space with drive-thru; perfect for owner-user
  • Minimal Landlord responsibilities
  • High traffic counts (24,440 vehicles per day) along Cleveland Hwy, AKA Hwy-71
  • Excellent visibility on "Going Home Side of Road"
  • 63 surface parking spaces, commercial curb-cut, dock-door, drive-thru and room for future expansion

Description

Two-unit, NN investment offering in Dalton, GA. This ± 16,000 SF retail location has an outstanding corporate-guaranteed tenant and 6,000 SF of vacant space with a drive-thru window, which is perfect for an owner-user seeking additional income.

This location opened in August of 2007 and is situated on a ± 2.82-acre site with ample surface parking, a commercial curb-cut, dock-door, drive-thru and room for future expansion. This is an ideal investment for an investor looking for good real estate and a successful national credit tenant.

The subject property is conveniently located along the very-populated Cleveland Hwy (AKA GA Hwy-71) which is the major 5-lane, N-S Corridor that ties Cleveland, TN to Dalton, GA. Dalton is approximately 32 miles south of Chattanooga and 90 miles north of Atlanta and is known as “Carpet Capital of the World.” It is also home to the Northwest Georgia Trade and Convention Center, which showcases the Georgia Athletic Coaches' Hall of Fame.

This building is located just north of Downtown Dalton, across from Pleasant Grove Elementary School (500 staff and students) along with several churches bringing in heavy foot traffic. Within a 5-mile radius of the property, the population is 54,753 with a median household income of $45,000.

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