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Brand New DG PLUS | 15-Yr Abs. Net Lease | Corner Lot w/ 16K VPD | Upgraded Construction

5931 US-84, Blackshear, GA 31516

Listing Price: $1,758,000

Cap Rate
5.85%
Tenant Name
Dollar General
Years Remaining On Lease
14.9
Guarantor
Corporate Guarantee
Rentable SF
10,640
Lease Type
Absolute Net
Rent Per Square Feet
$9.66

Investment Overview

Marcus Millichap is pleased to bring to market Dollar General Plus located in Blackshear, GA.

Investment Highlights

  • Built-To-Suit Dollar General Plus | Store Opened February 2023 | Upgraded Larger Format Store with Expanded Grocery Offerings
  • 15-Year Absolute Net (NNN) Lease | Landlord Has No Responsibilities | 10% Rent Increases at The Start of Each of The Five, Five-Year Option Periods
  • Located On a Corner Lot Along Arterial Thoroughfare with Access & Exposure to Over 16,000 VPD Combined |
  • Blackshear (County Seat of Pierce County) – Benefits from County Government Jobs/Employees and Related Business | Population Exceeds 46,000 Within 10-Miles of Subject Property
  • Corporate Guarantee | Investment Grade Tenant (S&P Credit Rating: 'BBB') | Dollar General is an Essential Business | E-Commerce Proof, Recession-Proof, and Pandemic-Proof| Dollar General is the Largest Retailer in the U.S. with 19,000+ Stores - Reported in January 2023

Exclusively Listed By

  • Darpan Patel

    First Vice President Investments

    (813) 387-4812

    Email Darpan

    License(s): OH: SAL 2012000748

    Tampa

  • Dan Yozwiak

    First Vice President Investments

    (614) 360-9036

    Email Dan

    License(s): OH: SAL.2008003600

    Columbus

  • Colby Haugness

    First Vice President Investments

    (813) 387-4811

    Email Colby

    License(s): WA: 24012, OH: BRKP.2017005012, KY: 242197, MO: 2018032367, KS: 00241410, FL: BK3530505

    Tampa

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s) GA: 252904

    Georgia

Discount

Brand New DG PLUS | 15-Yr Abs. Net Lease | Corner Lot w/ 16K VPD | Upgraded Construction

Listing Price: $1,758,000

Cap Rate
5.85%
Tenant Name
Dollar General
Years Remaining On Lease
14.9
Guarantor
Corporate Guarantee
Rentable SF
10,640
Lease Type
Absolute Net
Rent Per Square Feet
$9.66

Investment Highlights

  • Built-To-Suit Dollar General Plus | Store Opened February 2023 | Upgraded Larger Format Store with Expanded Grocery Offerings
  • 15-Year Absolute Net (NNN) Lease | Landlord Has No Responsibilities | 10% Rent Increases at The Start of Each of The Five, Five-Year Option Periods
  • Located On a Corner Lot Along Arterial Thoroughfare with Access & Exposure to Over 16,000 VPD Combined |
  • Blackshear (County Seat of Pierce County) – Benefits from County Government Jobs/Employees and Related Business | Population Exceeds 46,000 Within 10-Miles of Subject Property
  • Corporate Guarantee | Investment Grade Tenant (S&P Credit Rating: 'BBB') | Dollar General is an Essential Business | E-Commerce Proof, Recession-Proof, and Pandemic-Proof| Dollar General is the Largest Retailer in the U.S. with 19,000+ Stores - Reported in January 2023

Investment Overview

Marcus Millichap is pleased to bring to market Dollar General Plus located in Blackshear, GA.

Exclusively Listed By

  • Darpan Patel

    First Vice President Investments

    (813) 387-4812

    Email Darpan

    License(s): OH: SAL 2012000748

    Tampa

  • Dan Yozwiak

    First Vice President Investments

    (614) 360-9036

    Email Dan

    License(s): OH: SAL.2008003600

    Columbus

  • Colby Haugness

    First Vice President Investments

    (813) 387-4811

    Email Colby

    License(s): WA: 24012, OH: BRKP.2017005012, KY: 242197, MO: 2018032367, KS: 00241410, FL: BK3530505

    Tampa

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s): GA: 252904

    Georgia

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