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