Purchase Price | $1,720,000 |
---|---|
Annual Rental Income | $138,000 |
Cap Rate | 8.02% |
Lease Term | 6 Years |
City | Jesup |
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Dollar Tree – Jesup, GA
This property is leased to Dollar Tree, a nationally recognized hard-value retail chain with more than 8,000 locations across the United States. Operating on a proven fixed-price model, Dollar Tree delivers everyday staples at one affordable price point—driving consistent sales and cultivating repeat patronage. Coupled with a long-term net lease, this investment offers passive income, operational simplicity, and the financial strength of a well-established, creditworthy tenant.
Retail Model & Merchandise Mix
Dollar Tree’s product offering spans a comprehensive range of essential goods, including household items, cleaning supplies, pantry and snack foods, health and beauty basics, frozen and refrigerated groceries, seasonal and holiday décor, party goods, arts and crafts items, toys, and pet supplies. By offering an efficient and predictable shopping experience without pricing complexity, the brand encourages frequent visits and builds robust customer loyalty—underpinning stable performance across economic cycles.
Net-Lease Structure
This Dollar Tree location operates under a long-term net lease, typically structured as triple-net (NNN) or double-net (NN). Under this arrangement, the tenant is responsible for most property-related expenses—including taxes, insurance, and upkeep—resulting in a low-maintenance profile for the landlord. This structure ensures a dependable, passive income stream and is especially attractive to investors seeking stable, hassle-free retail assets with national tenant creditworthiness.
Jesup Market & Demographics
Jesup is the county seat of Wayne County and serves as a regional service hub for Southeast Georgia. The city has approximately 9,000 residents, and the surrounding trade area encompasses an additional 20,000–25,000 individuals across several rural and suburban communities. Key local industries include agriculture, manufacturing, healthcare, education, and local government, forming a stable economic base.
The median household income in the Jesup area is around $45,000 annually. The population consists of working-class families, retirees on fixed incomes, students, service-sector employees, and agricultural workers. With a meaningful portion of households earning modest incomes, the demand for value-driven retail is high—making Dollar Tree’s fixed-price product approach well-suited to meet everyday needs in this market.
Community Role & Consumer Appeal
Dollar Tree plays a key role in providing affordable access to daily necessities in the Jesup community. Its fixed-price model removes pricing friction, simplifies purchasing decisions, and supports frequent store visits—especially among families, seniors, and local workers. The store’s convenience and affordability make it a key shopping destination, providing reliable foot traffic and repeat customer patterns throughout the week.
Tenant Strength & Operational Efficiency
As a publicly traded company with an investment-grade credit profile, Dollar Tree is backed by strong nationwide brand equity and proven financial resilience. Its focus on essential goods has enabled sustained growth, even in smaller markets like Jesup, and its ability to tailor inventory while maintaining consistent branding reinforces both relevance and stability. Dollar Tree’s success in similar markets highlights its effectiveness and underscores the long-term viability of this location.
Strategic Placement & Site Impact
Typically situated near main roads or within neighborhood shopping centers, Dollar Tree stores benefit from both planned visits and impulse traffic. In Jesup, this site likely functions as a retail anchor, supporting not only its own sales but also driving foot traffic to adjacent businesses—enhancing the overall value and appeal of the retail environment. Its accessibility and visibility are key contributors to consistent shopper flow and operational performance.
Investment Highlights
This Dollar Tree in Jesup, GA represents an ideal net-lease investment: a credit-backed tenant, demographic alignment, defensive retail model, and hands-off ownership structure.