Net Lease Investment Opportunity | 8% Cap Rate | Jonesboro, GA

This established and successful Family Dollar located in Jonesboro, GA (Atlanta MSA) has a rent/sale ratio under 5%! The ±1.1-acre corner site is located just off the busy Tara Boulevard retail corridor with combined traffic counts of over 68K vehicles per day on Tara Boulevard and Mundys Mill Road. The ±8,000 SF three sided brick store was built in 2004 and remodeled in 2011. The NN lease was recently renewed and extends through June 30, 2028 with four 5 year options remaining. The Landlord is fully reimbursed for property taxes and insurance. Landlord maintenance responsibilities are limited. Family Dollar reports annual store sales at this location. This value priced Family Dollar is located in Clayton County, less than 20 miles south of downtown Atlanta. The store is in a busy trade area with nearby traffic generators including Mundy’s Mill Middle School and the Kroger anchored Lovejoy Village Shopping Center. The area is densely populated with over 121,618 within 5 miles and an average household income of $72,632. Population growth is projected at 2.9% through 2028. The property is priced at $1,028,150 or an 8% cap rate.