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Discount

317 1st St

317 1st St, Uvalda, GA 30473

Listing Price: $688,714

Cap Rate
7.03%
Tenant Name
Dollar General
Gross SF
9,196
Guarantor
Corporate Guarantee
Rentable SF
9,196
Price/Gross SF
$74.89
Lease Type
Double Net
Rent Per Square Feet
$5.27

Investment Overview

Passive Incomes --- Net Leased Dollar General w/ Limited Landlord Responsibilities Located on a Heavily Trafficked Section of 1st Street with 3,690 Vehicles Passing Daily Attractive Lease Term w/ Rent Increases --- Lease Features Over 3 Years Remaining on the Base Term and 5 Percent Rent Increases in Each Option to Hedge Against Inflation Corporate Guarantee --- Lease Corporately Guaranteed by Dollar General, an American Chain of Variety Stores with Over 16,000 Locations Nationwide and an S&P Credit Rating of BBB Limited Competition --- Dollar General Benefits from Being the Only Freestanding National Discount Store within a 10 Mile Radius Strategic Location --- Subject Property is Positioned within a 2-Hour Drive from Augusta and Savannah, Respectively the Second and Third Most Populous Areas in the State of Georgia

Investment Highlights

  • Net Leased Dollar General w/ Limited Landlord Responsibilities Located on a Heavily Trafficked Section of 1st Street with 3,690 Vehicles Passing Daily
  • Lease Features Over 3 Years Remaining on the Base Term and 5 Percent Rent Increases in Each Option to Hedge Against Inflation
  • Dollar General Benefits from Being the Only Freestanding National Discount Store within a 10 Mile Radius
  • Subject Property is Positioned within a 2-Hour Drive from Augusta and Savannah, Respectively the Second and Third Most Populous Areas in the State of Georgia

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s) GA: 252904

    Georgia

Discount

317 1st St

Listing Price: $688,714

Cap Rate
7.03%
Tenant Name
Dollar General
Gross SF
9,196
Guarantor
Corporate Guarantee
Rentable SF
9,196
Price/Gross SF
$74.89
Lease Type
Double Net
Rent Per Square Feet
$5.27

Investment Highlights

  • Net Leased Dollar General w/ Limited Landlord Responsibilities Located on a Heavily Trafficked Section of 1st Street with 3,690 Vehicles Passing Daily
  • Lease Features Over 3 Years Remaining on the Base Term and 5 Percent Rent Increases in Each Option to Hedge Against Inflation
  • Dollar General Benefits from Being the Only Freestanding National Discount Store within a 10 Mile Radius
  • Subject Property is Positioned within a 2-Hour Drive from Augusta and Savannah, Respectively the Second and Third Most Populous Areas in the State of Georgia

Investment Overview

Passive Incomes --- Net Leased Dollar General w/ Limited Landlord Responsibilities Located on a Heavily Trafficked Section of 1st Street with 3,690 Vehicles Passing Daily Attractive Lease Term w/ Rent Increases --- Lease Features Over 3 Years Remaining on the Base Term and 5 Percent Rent Increases in Each Option to Hedge Against Inflation Corporate Guarantee --- Lease Corporately Guaranteed by Dollar General, an American Chain of Variety Stores with Over 16,000 Locations Nationwide and an S&P Credit Rating of BBB Limited Competition --- Dollar General Benefits from Being the Only Freestanding National Discount Store within a 10 Mile Radius Strategic Location --- Subject Property is Positioned within a 2-Hour Drive from Augusta and Savannah, Respectively the Second and Third Most Populous Areas in the State of Georgia

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s): GA: 252904

    Georgia

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