117 May Ave

117 May Ave, Lincolnton, GA 30817

RETAIL For Sale

Year Built: 2000

Floors: 1

Available Spaces

SpaceSizeTypePricing
Family Dollar Portfolio SALE $836,000.00

Contact

Bryan Belk - Franklin Street Real Estate

PHONE: 4048321250

Description

Franklin Street is pleased to present this Family Dollar portfolio located in the towns of Lincolnton, Crawford, and Jefferson in eastern Georgia. The properties are all within 100 miles of each other, giving an owner the opportunity to stay hands on with his investments. Lincolnton is located approximately 45 minutes north of Augusta, and is well situated to catch visiting traffic heading to the nearby Savannah River and Clarks Hill Lake. The Family Dollar in Lincolnton is well situated on the corner of Elm Street and May Avenue, allowing it to see over 5,00 VPD. With limited national retailers and grocer options, Family Dollar is able to generate consistent customers and capture steady visits from the surrounding community. The 3,000 SF of vacancy allows an owner to benefit from a value add opportunity through lease-up. The Family Dollar in Crawford recently exercised a 10-year extension that included a significant rental bump, showing their continued dedication to the site. The owner recently upgraded the parking lot and the EIFS, giving the property a fresh exterior look. The property has great visibility and access onto Athens Hwy, which sees 11,600 VPD. The location also comes with 1,200 SF of vacancy, allowing for another value add opportunity through lease-up. The Family Dollar in Jefferson is a freestanding location that sits with excellent visibility and access facing Washington Road, which sees over 10,000 VPD. The Jefferson location posts phenomenal annual sales, far outpacing the AUV of Family Dollar. Each location has been fiercely dedicated to their respective sites, all executing numerous options and continuing operation since construction in 1998.