Dollar General - Cusseta, GA

This Dollar General is located at 175 Highway 520 in Cusseta, GA. The subject building is 8,000 square feet, sitting on 1.5 acres of land. The building was built to suit in 2000 and Dollar General has occupied the building ever since. In August 2010, Dollar General extended the lease ending in 2011 for nine years. The current lease extension ends on September 30th, 2020. Therefore, there are roughly 4.5 years remaining on the current lease. After the option ending on September 30th, 2020, there are two additional 5-year options with 10% rent increases.

Incorporated December 22, 1855, Cusseta, the county seat of Chattahoochee County, lies a few miles south of Fort Benning Military Reservation. Its name, "Cusseta", comes from the Muskogean "Kashihta", which means "a trading place."

Just south of the city lies River Bend Park, a U.S. Army Corps of Engineers access point to Lake Eufaula. The park includes a boat ramp, picnic area and camping areas.

A mile or so from the city stands a transmission tower, built in 1960, that is visible from miles away. Up until the mid-1970s, this tower held the place as the tallest man-made object on the planet. Later, the Sears Tower in Chicago won that distinction.

Additional Info

  • Address: : 175 Highway 520, Cusseta, GA 31805
  • Price: : $340,000
  • Net Rentable Area: : 8,000
  • Lot Size (Acres): : 1.5
  • CAP Rate: : 8.82%
  • Price Per Sqft: : $45.41
  • NOI: : $30,000
  • Year Built: : 2001
  • Status: : Available

What Clients Are Saying                                     
 

"I want to thank for your part in helping us achieve our sale leaseback goals for 2009. We are pleased with the balance you helped us achieve between sales price, rent and overall cap rate. I would not hesitate to recommend you and your firm to other potential clients. Feel free to use me as a reference."
Joe Cirelli/The Pep Boys Manny, Moe & Jack

Contact Us

NNN Deal
in association with Marcus & Millichap

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