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Dollar General | New 15-Yr. NNN Lease with Increases in Base Term

State Hwy 23 & State Hwy 21, Millen, GA 30442

Listing Price: $2,386,000

Cap Rate
6.00%
Tenant Name
Dollar General
Years Remaining On Lease
15.3
Guarantor
Corporate Guarantee
Rentable SF
10,640
Lease Type
Absolute Net
Rent Per Square Feet
$13.45

Investment Overview

Marcucs & Millichap is pleased to present the Dollar General in Millen, GA.

Investment Highlights

  • 15-Year Absolute Net Lease, Zero Landlord Responsibilities
  • Rare 5% Increases Every 5 Years Throughout Base Term and Option Periods
  • Investment Grade Credit Tenant Rated 'BBB' by S&P
  • Classified Nationally as an Essential Retailer for Daily Shopping Needs
  • Dollar General is Nation's Largest Retailer with 19,000+ Stores
  • Brand New Upgraded Construction on an Oversized Parcel, Partial Brick Storefront
  • Hard Corner Location at Four-Way Intersection
  • Highly Visible Along Major East/West Artery, Direct Access to Downtown Savannah

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s) GA: 252904

    Georgia

Financing By

Discount

Dollar General | New 15-Yr. NNN Lease with Increases in Base Term

Listing Price: $2,386,000

Cap Rate
6.00%
Tenant Name
Dollar General
Years Remaining On Lease
15.3
Guarantor
Corporate Guarantee
Rentable SF
10,640
Lease Type
Absolute Net
Rent Per Square Feet
$13.45

Investment Highlights

  • 15-Year Absolute Net Lease, Zero Landlord Responsibilities
  • Rare 5% Increases Every 5 Years Throughout Base Term and Option Periods
  • Investment Grade Credit Tenant Rated 'BBB' by S&P
  • Classified Nationally as an Essential Retailer for Daily Shopping Needs
  • Dollar General is Nation's Largest Retailer with 19,000+ Stores
  • Brand New Upgraded Construction on an Oversized Parcel, Partial Brick Storefront
  • Hard Corner Location at Four-Way Intersection
  • Highly Visible Along Major East/West Artery, Direct Access to Downtown Savannah

Investment Overview

Marcucs & Millichap is pleased to present the Dollar General in Millen, GA.

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s): GA: 252904

    Georgia

Financing By

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