Discount
Brand New | 15-Yr Abs. Net Lease | Corner Lot w/ 15K VPD| Near Atlanta/Macon/Columbus
1401 Hwy 19 S, Thomaston, GA 30286
Listing Price: $1,998,000
Cap Rate
5.80%
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
$10.89
Investment Overview
Marcus Millichap is pleased to bring to market Dollar General Plus located in Thomaston, GA.
Brand New | 15-Yr Abs. Net Lease | Corner Lot w/ 15K VPD| Near Atlanta/Macon/Columbus
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 Main Arterial Thoroughfare With Great Access & Visibility to Over 15,200 VPD | Located on a Corner Lot Along Main Arterial Thoroughfare With Great Access & Visibility to
- Located within Proximity to Multiple Nationally Recognized Tenants Walmart Super Center, Tractor Supply Co, Home Depot, Belk, Planet Fitness Chick-fil-A, McDonald's, Sonic, LongHorn Steakhouse and Many More | Thomaston is Strategically Located Within 60 Miles of Atlanta, Macon and Columbus
- 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 | 15-Yr Abs. Net Lease | Corner Lot w/ 15K VPD| Near Atlanta/Macon/Columbus
Listing Price: $1,998,000
Cap Rate
5.80%
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
$10.89
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 Main Arterial Thoroughfare With Great Access & Visibility to Over 15,200 VPD | Located on a Corner Lot Along Main Arterial Thoroughfare With Great Access & Visibility to
- Located within Proximity to Multiple Nationally Recognized Tenants Walmart Super Center, Tractor Supply Co, Home Depot, Belk, Planet Fitness Chick-fil-A, McDonald's, Sonic, LongHorn Steakhouse and Many More | Thomaston is Strategically Located Within 60 Miles of Atlanta, Macon and Columbus
- 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 Thomaston, GA.
