Property Description
2023 Construction - Newer construction with a 10 year initial lease term.
Over 7 Years Remaining - On the primary term including four, 5-year options with increases in each.
Excellent Visibility Along Ashley Street.
Largest City in the County - Rochelle, Georgia holds the distinction of being the largest municipality within Wilcox County, GA
Limited Retail Competition - Not much surrounding retail within a 10-mile radius.
Proven Market - Tertiary markets like Rochelle are target markets for Family Dollar Tree combo stores, with comp sales that exceed 20%, providing higher gross profit margins.
Hedge Against Inflation - $0.50 PSF increases in each option.
Ideal Demographics for Combo Store - $67,860 average household income within a 5-mile radius.
Corporate Guarantee - Corporately guaranteed lease by Family Dollar Stores, Inc.
Offering Memorandum
Property Details
Property Type
Retail
Net-Lease
NN
Size
10,500
Acres
0.86
Property Location
715 Ashley St, Rochelle, GA 31079, USA