Discount
Dollar General (Dalton)
TBD State Route 286, Chatsworth, GA 30705
Listing Price: $2,110,000
Investment Overview
NEW 15 YR "NEXT GEN" DG LEASE WITH 5% BUMPS IN INITIAL LEASE & OPTIONS
• This property features Dollar General's "next gen" Lease with 5% rent increases every 5 years in the 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 5% rent increases in each of the five, 5-year option periods.
NEW UPGRADED CONSTRUCTION DOLLAR GENERAL
• This new upgraded construction Dollar General is 10,640 SF and sits on 3.32 acres.
• The store is scheduled for delivery and rent will commence in January 2024.
CHATSWORTH, GA
• Chatsworth is the county seat of Murray County and part of the Dalton MSA.
• Chatsworth is near Interstate 75 (74,300 VPD) in the Blue Ridge Mountains in Northwest Georgia. It is 40 miles Southeast of Chattanooga and 80 miles North of Atlanta. National Retailers in Chatsworth include Walgreens, Tractor Supply, AutoZone, Ingles, Food City and more.
• Home to the Appalachian Regional Port, the second land port in the state of Georgia that has the capacity to take 50,000 containers off the highway by using a rail line that connects Chatsworth to the Port of Savannah.
DALTON IS THE CARPET CAPITAL OF THE WORLD
• The subiect property is located 12 miles from downtown Dalton off Hwy 411 (12,200 VPD).
• Dalton is the county seat of Whitfield County located just off Interstate 75 in the foothills of the Blue Ridge Mountains and is the second largest city in Northwest Georgia.
• Dalton is known as "The Carpet Capital of the World" and is home to 90% of the world's carpet production.
• Dalton houses over 150 carpet plants employing approximately 30,000 people, and future job growth is predicted to be 36.74% over the next 10 years. Dalton is home to Dalton State College (5,987+ Students). Dalton and Whitfield County School districts include 34 schools with over 17,929 students.
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 19,300 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
- 5% Rent Increases In Initial Lease Term
- New Upgraded Dollar General
- Near Dalton: The Carpet Capital Of The World
- Brand New 15-Year NNN Lease
- Investment Grade Tenant | 19,150+ Locations
Exclusively Listed By
Financing By
Listing Price: $2,110,000
Investment Highlights
- 5% Rent Increases In Initial Lease Term
- New Upgraded Dollar General
- Near Dalton: The Carpet Capital Of The World
- Brand New 15-Year NNN Lease
- Investment Grade Tenant | 19,150+ Locations
Investment Overview
NEW 15 YR "NEXT GEN" DG LEASE WITH 5% BUMPS IN INITIAL LEASE & OPTIONS • This property features Dollar General's "next gen" Lease with 5% rent increases every 5 years in the 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 5% rent increases in each of the five, 5-year option periods. NEW UPGRADED CONSTRUCTION DOLLAR GENERAL • This new upgraded construction Dollar General is 10,640 SF and sits on 3.32 acres. • The store is scheduled for delivery and rent will commence in January 2024. CHATSWORTH, GA • Chatsworth is the county seat of Murray County and part of the Dalton MSA. • Chatsworth is near Interstate 75 (74,300 VPD) in the Blue Ridge Mountains in Northwest Georgia. It is 40 miles Southeast of Chattanooga and 80 miles North of Atlanta. National Retailers in Chatsworth include Walgreens, Tractor Supply, AutoZone, Ingles, Food City and more. • Home to the Appalachian Regional Port, the second land port in the state of Georgia that has the capacity to take 50,000 containers off the highway by using a rail line that connects Chatsworth to the Port of Savannah. DALTON IS THE CARPET CAPITAL OF THE WORLD • The subiect property is located 12 miles from downtown Dalton off Hwy 411 (12,200 VPD). • Dalton is the county seat of Whitfield County located just off Interstate 75 in the foothills of the Blue Ridge Mountains and is the second largest city in Northwest Georgia. • Dalton is known as "The Carpet Capital of the World" and is home to 90% of the world's carpet production. • Dalton houses over 150 carpet plants employing approximately 30,000 people, and future job growth is predicted to be 36.74% over the next 10 years. Dalton is home to Dalton State College (5,987+ Students). Dalton and Whitfield County School districts include 34 schools with over 17,929 students. 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 19,300 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
Financing By

