Retail Business for Sale in Augusta, GA
- Price: Contact for price
- Listing type: For sale
- Asset type: Retail Business
- Location: Augusta, GA 30906
Description
LOCATION: • Affluent suburb of Augusta, GA- located approximately 10 miles South of downtown Augusta • Average Household Income in the 1-mile radius is over $93,000 • Over 40,000 residents within a 5-mile radius • Less than one mile from a Food Lion/Petsense anchored shopping center, a new Parker’s Convenience Store, Bojangles, and Circle K • Approximately 1 mile from the Augusta Regional Airport, which serves over 500,000 commercial passengers annually • Near several large industrial facilities including FedEx, RBW, Kimberly-Clark, and Generac • ADT of nearly 20,000 cars/day directly in front of Dollar General • 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: • 12+ years remaining on an absolute NNN Lease with Dollar General • Lease contains five (5), five (5) year options to extend all with 10% increases • Conservative rent of only $10.65/SF ($113,364/year) • Strong Placer. ai data- this store ranks in the 74th percentile nationally and 73rd percentile in Georgia (2
Market Context
This retail in Augusta, GA is listed for sale. It is offered at an approximate 6.2% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 68 days. Compare it against other retail listings for sale in Augusta, GA — <a href="/search/sale/retail/georgia/augusta">view the full market</a>.
Contact
- Brian Munn · (678) 808-2767 · brian.munn@marcusmillichap.com
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