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New GA Dollar General | Rent Increases in Initial Lease|Dalton, GA

2880 GA-286, Eton, GA 30705

Listing Price: $2,046,000

Cap Rate
6.60%
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
$12.69

Investment Overview

NEW 15 YR NNN “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.
• This store opened and rent commenced in January 2024.

SIGNALIZED INTERSECTION OF TWO STATE HIGHWAYS (11,000 VPD)
• The subject property is strategically positioned at the intersection of State Hwy 286 and 225 with a total traffic count of 11,000 VPD.
• This Dollar General is also located directly across from an elementary & middle school with 1,100 students.

CHATSWORTH, GA
• This Dollar General is located in Eton, GA which is only 7 miles north of downtown Chatsworth and 12 miles from Dalton, 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 subject 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

Discount

New GA Dollar General | Rent Increases in Initial Lease|Dalton, GA

Listing Price: $2,046,000

Cap Rate
6.60%
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
$12.69

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 NNN “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. • This store opened and rent commenced in January 2024. SIGNALIZED INTERSECTION OF TWO STATE HIGHWAYS (11,000 VPD) • The subject property is strategically positioned at the intersection of State Hwy 286 and 225 with a total traffic count of 11,000 VPD. • This Dollar General is also located directly across from an elementary & middle school with 1,100 students. CHATSWORTH, GA • This Dollar General is located in Eton, GA which is only 7 miles north of downtown Chatsworth and 12 miles from Dalton, 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 subject 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

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