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Dollar General

TBD Hwy 136 Spur, Calhoun, GA 30746

Listing Price: $2,034,000

Cap Rate
6.00%
Tenant Name
Dollar General
Years Remaining On Lease
15.4
Guarantor
Corporate Guarantee
Rentable SF
10,556
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$11.56

Investment Overview

NEW UPGRADED CONSTRUCTION NORTH GA DOLLAR GENERAL • The subject property is a 2023 upgraded construction Dollar General located in Sugar Valley (Calhoun), GA. • This 10,566 SF store which sits on 1.94 acres features a beautiful upgraded rock wainscot and cementitious lap siding. • The store is scheduled for delivery in late July 2023 with estimated rent commencement of August 2023. CALHOUN • The City of Calhoun (Gordon County) is conveniently located on interstate 75, one hour north of Atlanta, GA and forty-five minutes south of Chattanooga, TN. • I-75 (84,000 VPD) runs directly through the city of Calhoun and connects Chattanooga, TN and Atlanta, GA. • National Retail in Calhoun include Home Depot, Kroger, Walmart, Tractor Supply, ALDI, and Calhoun Outlet Marketplace (50+ Stores) • The 5-Mile population growth for Calhoun is 28.39% HOME TO CALHOUN OUTLET MARKETPLACE 50+ STORES" • Calhoun Outlet Marketplace is located along the I-75 corridor in Calhoun (Northwest GA) • It is convenient to the area communities of Adairsville, Cartersville, Dalton, Rome and 45 minutes south of Chattanooga & 1 hour north of Atlanta. • Calhoun Outlet Marketplace contains 50+ stores with some of the best national retailers including Nike Factory Store, Polo Ralph Lauren Factory Store, American Eagle Outfitters, Coach and more. NEW 15 YEAR CORPORATE NNN LEASE • Brand new 15-year corporate guaranteed NNN lease with Dollar General. • Tenant is 100% responsible for all expenses including taxes, insurance, CAM, roof and structure. • There are 10% rent increases in each of the five, 5-year option periods. INVESTMENT GRADE TENANT • Dollar General is a publicly traded (NYSE: DG) Fortune 500 company with an S&P investment grade credit rating of BBB. • Currently over 19,000 locations and expanding by 1,000 stores each year. • Dollar General has been in business for 80 years and has a current net worth of over $6.2 billion.

Investment Highlights

  • New Upgraded Dollar General | August 2023 Delivery
  • Calhoun Location On I-75 (84,000 VPD)
  • Home To Calhoun Outlet Marketplace (50+ Stores)
  • Brand New 15 Year NNN Lease
  • Investment Grade Tenant | 19,000 + Locations

Exclusively Listed By

Discount

Dollar General

Listing Price: $2,034,000

Cap Rate
6.00%
Tenant Name
Dollar General
Years Remaining On Lease
15.4
Guarantor
Corporate Guarantee
Rentable SF
10,556
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$11.56

Investment Highlights

  • New Upgraded Dollar General | August 2023 Delivery
  • Calhoun Location On I-75 (84,000 VPD)
  • Home To Calhoun Outlet Marketplace (50+ Stores)
  • Brand New 15 Year NNN Lease
  • Investment Grade Tenant | 19,000 + Locations

Investment Overview

NEW UPGRADED CONSTRUCTION NORTH GA DOLLAR GENERAL • The subject property is a 2023 upgraded construction Dollar General located in Sugar Valley (Calhoun), GA. • This 10,566 SF store which sits on 1.94 acres features a beautiful upgraded rock wainscot and cementitious lap siding. • The store is scheduled for delivery in late July 2023 with estimated rent commencement of August 2023. CALHOUN • The City of Calhoun (Gordon County) is conveniently located on interstate 75, one hour north of Atlanta, GA and forty-five minutes south of Chattanooga, TN. • I-75 (84,000 VPD) runs directly through the city of Calhoun and connects Chattanooga, TN and Atlanta, GA. • National Retail in Calhoun include Home Depot, Kroger, Walmart, Tractor Supply, ALDI, and Calhoun Outlet Marketplace (50+ Stores) • The 5-Mile population growth for Calhoun is 28.39% HOME TO CALHOUN OUTLET MARKETPLACE 50+ STORES" • Calhoun Outlet Marketplace is located along the I-75 corridor in Calhoun (Northwest GA) • It is convenient to the area communities of Adairsville, Cartersville, Dalton, Rome and 45 minutes south of Chattanooga & 1 hour north of Atlanta. • Calhoun Outlet Marketplace contains 50+ stores with some of the best national retailers including Nike Factory Store, Polo Ralph Lauren Factory Store, American Eagle Outfitters, Coach and more. NEW 15 YEAR CORPORATE NNN LEASE • Brand new 15-year corporate guaranteed NNN lease with Dollar General. • Tenant is 100% responsible for all expenses including taxes, insurance, CAM, roof and structure. • There are 10% rent increases in each of the five, 5-year option periods. INVESTMENT GRADE TENANT • Dollar General is a publicly traded (NYSE: DG) Fortune 500 company with an S&P investment grade credit rating of BBB. • Currently over 19,000 locations and expanding by 1,000 stores each year. • Dollar General has been in business for 80 years and has a current net worth of over $6.2 billion.

Exclusively Listed By

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