Dollar General — Sale in Grovetown, GA
- Price: Contact for price
- Listing type: For sale
- Asset type: Retail Business
- Location: Grovetown, GA 30813
Investment Figures
- Cap rate
- 7.00%
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
LOCATION: • Highly affluent suburb of Augusta, GA- located approximately 10 miles West of downtown Augusta • Average Household Income in the 1-mile radius is over $128,000 and over $124,000 in the 5-mile radius • High growth area- 1, 3, and 5-mile populations are expected to increase nearly 6.0% over the next 5 years- Currently over 6,400 residents in the 1-mile radius and over 80,000 residents in the 5-mile radius • Outparcel to a medical/retail center with Domino’s, Enterprise, Olde Time Burgers and Tippett Eye Care • Immediately adjacent to several large residential developments with home values ranging from approximately $250K-$900K- across from Bartram Trail Golf Course, an 18-hole public championship golf course • Approximately 1 mile from a large Food Lion anchored shopping center and a brand-new Parker’s convenience store • Located directly off Columbia Road, ADT of nearly 15,000 cars/day • The Augusta MSA has over 630,000 residents with a projected growth rate of approximately 3.0% over the next five years • The Augusta MSA is a center for medicine, biotechnology and cybersecurity activities with top employers including Medical College of Georgia, Manus Bio., Inc. and the Georgia Cyber Center • Fort Eisenhower is a major economic driver, housing more than 16,000 military personnel and nearly 13,500 civilian workers- the facility houses the U.S. Army Cyber Command • Augusta is home to Augusta National Golf Club which hosts the world-famous Masters Tournament which attracts more than 40,000 spectators and tourists to the region every year TENANT: • Corporate Guarantee from Dollar General Corporation • Dollar General Corporate, founded in 1939, currently operates nearly 21,000 locations across the U.S. and Mexico and plans to open an additional 450 locations in 2027 • Dollar General Corporation reported revenue of $42.7 Billion and a net income of $1.5 Billion in 2025, which was a 34% increase from 2024 LEASE TERM & PROPERTY INFORMATION: • Dollar General signe
Market Context
This retail in Grovetown, GA is listed for sale. It is offered at an approximate 7.0% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 100 days. Compare it against other retail listings for sale in Grovetown, GA — view the full market.
Contact
- Brian Munn · (678) 808-2767 · brian.munn@marcusmillichap.com
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