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Discount

Dollar General | New 15-Yr. Absolute NNN | 5% Increases Every 5 Years

4172 US-319, Tifton, GA 31793

Listing Price: $2,506,000

Cap Rate
6.55%
Tenant Name
Dollar General
Years Remaining On Lease
15.2
Guarantor
Corporate Guarantee
Rentable SF
10,640
Lease Type
Absolute Net
Rent Per Square Feet
$15.43

Investment Overview

Marcus & Millichap is pleased to present the Dollar General in Tifton, GA.

Investment Highlights

  • 15-Year Absolute NNN Lease, No Landlord Responsibilities
  • 5% Rental Increases Every 5 Years Throughout the Base Term and Options
  • Investment Grade Credit Tenant, Rated 'BBB' by S&P
  • Dollar General is the Nation's Largest Retailer with 20,660+ Stores
  • Brand New Partial Block/Stone Construction with Shiplap Siding and Shutters
  • Serving Over 41,000 Residents in Tift County, 85 Miles North of Tallahassee
  • Hard Corner Location, Excellent Visibility and Access Along Major Artery

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. Absolute NNN | 5% Increases Every 5 Years

Listing Price: $2,506,000

Cap Rate
6.55%
Tenant Name
Dollar General
Years Remaining On Lease
15.2
Guarantor
Corporate Guarantee
Rentable SF
10,640
Lease Type
Absolute Net
Rent Per Square Feet
$15.43

Investment Highlights

  • 15-Year Absolute NNN Lease, No Landlord Responsibilities
  • 5% Rental Increases Every 5 Years Throughout the Base Term and Options
  • Investment Grade Credit Tenant, Rated 'BBB' by S&P
  • Dollar General is the Nation's Largest Retailer with 20,660+ Stores
  • Brand New Partial Block/Stone Construction with Shiplap Siding and Shutters
  • Serving Over 41,000 Residents in Tift County, 85 Miles North of Tallahassee
  • Hard Corner Location, Excellent Visibility and Access Along Major Artery

Investment Overview

Marcus & Millichap is pleased to present the Dollar General in Tifton, 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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