Matthews Logo

Navigation Menu

6489 Tara Blvd, Jonesboro, GA, 30236

Dollar General
$1,450,000

Key Information

Cap Rate
7.83%
Tot. SF
6,940
Year Built
1981
Type
Retail

Highlights

  • Prime Frontage Along High Traffic Corridor – Located directly on Tara Boulevard, a major commercial artery with ±70,000 vehicles per day, the property benefits from exceptional visibility and exposure to consistent consumer traffic — ideal for retail-driven income.
  • Under Market Rent with Strong Upside – Current Dollar General rent is significantly below the Jonesboro submarket average of ~$15/SF, offering immediate upside potential through future lease renegotiation or tenant repositioning.
  • Value-Add Through Demising – The building layout offers flexibility to subdivide the space into multiple units, allowing ownership to target smaller tenants at higher rental rates and reduce rollover risk.
  • Expansion Potential – The property sits on a sizable 0.77-acre lot, providing room for future building expansion, pad development, or added parking — all of which can enhance income and long-term value.
  • Supplemental Income Via ATM – A Wells Fargo ATM on-site generates additional cash flow and serves as a traffic driver, further increasing the asset’s appeal and NOI.
  • Strong Dollar General Performance – Ranked in the top 87th% percentile in the nation and ranked in the top 86th % percentile in the state per Alpha Map foot traffic data.

Photos

Location

Agents

Broker of Record

Maxx Bauman

License # 451849 (GA)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203