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Discount

Dollar General

5380 Columbia Rd, Grovetown, GA 30813

Listing Price: $1,290,857

Cap Rate
7.00%
Tenant Name
Dollar General
Years Remaining On Lease
2.3
Guarantor
Corporate Guarantee
Rentable SF
9,100
Lease Type
Double Net
Rent Per Square Feet
$9.93

Investment Overview

LOCATION:
• Highly affluent suburb of Augusta, GA- located approximately 10 miles West of downtown Augusta
• Average Household Income in the 1-mile radius is over $128,000 and over $124,000 in the 5-mile radius
• High growth area- 1, 3, and 5-mile populations are expected to increase nearly 6.0% over the next 5 years- Currently over 6,400 residents in the 1-mile radius and over 80,000 residents in the 5-mile radius
• Outparcel to a medical/retail center with Domino’s, Enterprise, Olde Time Burgers and Tippett Eye Care
• Immediately adjacent to several large residential developments with home values ranging from approximately $250K-$900K- across from Bartram Trail Golf Course, an 18-hole public championship golf course
• Approximately 1 mile from a large Food Lion anchored shopping center and a brand-new Parker’s convenience store
• Located directly off Columbia Road, ADT of nearly 15,000 cars/day
• The Augusta MSA has over 630,000 residents with a projected growth rate of approximately 3.0% over the next five years
• The Augusta MSA is a center for medicine, biotechnology and cybersecurity activities with top employers including Medical College of Georgia, Manus Bio., Inc. and the Georgia Cyber Center
• Fort Eisenhower is a major economic driver, housing more than 16,000 military personnel and nearly 13,500 civilian workers- the facility houses the U.S. Army Cyber Command
• Augusta is home to Augusta National Golf Club which hosts the world-famous Masters Tournament which attracts more than 40,000 spectators and tourists to the region every year

TENANT:
• Corporate Guarantee from Dollar General Corporation
• Dollar General Corporate, founded in 1939, currently operates nearly 21,000 locations across the U.S. and Mexico and plans to open an additional 450 locations in 2027
• Dollar General Corporation reported revenue of $42.7 Billion and a net income of $1.5 Billion in 2025, which was a 34% increase from 2024

LEASE TERM & PROPERTY INFORMATION:
• Dollar General signed an original 15-year NN Lease in July 2009 that was modified in 2021 to extend the Lease till July 2028
• Lease contains four (4), five (5) year options to extend all with increases
• Conservative rent of only $9.93/SF ($90,360/year)
• Well below replacement value- only $141/SF at list price
• Strong Placer. ai data- this store ranks in the 79th percentile nationally and 78th percentile in Georgia (232/1,056 stores) with 171.1K visitors the past 12 months
• Large lot- 1.09 acres

Investment Highlights

  • Highly affluent suburb of Augusta, GA- located approximately 10 miles West of downtown Augusta
  • Corporate Guarantee from Dollar General Corporation
  • Dollar General signed an original 15-year NN Lease in July 2009 that was modified in 2021 to extend the Lease till July 2028

Exclusively Listed By

Discount

Dollar General

Listing Price: $1,290,857

Cap Rate
7.00%
Tenant Name
Dollar General
Years Remaining On Lease
2.3
Guarantor
Corporate Guarantee
Rentable SF
9,100
Lease Type
Double Net
Rent Per Square Feet
$9.93

Investment Highlights

  • Highly affluent suburb of Augusta, GA- located approximately 10 miles West of downtown Augusta
  • Corporate Guarantee from Dollar General Corporation
  • Dollar General signed an original 15-year NN Lease in July 2009 that was modified in 2021 to extend the Lease till July 2028

Investment Overview

LOCATION: • Highly affluent suburb of Augusta, GA- located approximately 10 miles West of downtown Augusta • Average Household Income in the 1-mile radius is over $128,000 and over $124,000 in the 5-mile radius • High growth area- 1, 3, and 5-mile populations are expected to increase nearly 6.0% over the next 5 years- Currently over 6,400 residents in the 1-mile radius and over 80,000 residents in the 5-mile radius • Outparcel to a medical/retail center with Domino’s, Enterprise, Olde Time Burgers and Tippett Eye Care • Immediately adjacent to several large residential developments with home values ranging from approximately $250K-$900K- across from Bartram Trail Golf Course, an 18-hole public championship golf course • Approximately 1 mile from a large Food Lion anchored shopping center and a brand-new Parker’s convenience store • Located directly off Columbia Road, ADT of nearly 15,000 cars/day • The Augusta MSA has over 630,000 residents with a projected growth rate of approximately 3.0% over the next five years • The Augusta MSA is a center for medicine, biotechnology and cybersecurity activities with top employers including Medical College of Georgia, Manus Bio., Inc. and the Georgia Cyber Center • Fort Eisenhower is a major economic driver, housing more than 16,000 military personnel and nearly 13,500 civilian workers- the facility houses the U.S. Army Cyber Command • Augusta is home to Augusta National Golf Club which hosts the world-famous Masters Tournament which attracts more than 40,000 spectators and tourists to the region every year TENANT: • Corporate Guarantee from Dollar General Corporation • Dollar General Corporate, founded in 1939, currently operates nearly 21,000 locations across the U.S. and Mexico and plans to open an additional 450 locations in 2027 • Dollar General Corporation reported revenue of $42.7 Billion and a net income of $1.5 Billion in 2025, which was a 34% increase from 2024 LEASE TERM & PROPERTY INFORMATION: • Dollar General signed an original 15-year NN Lease in July 2009 that was modified in 2021 to extend the Lease till July 2028 • Lease contains four (4), five (5) year options to extend all with increases • Conservative rent of only $9.93/SF ($90,360/year) • Well below replacement value- only $141/SF at list price • Strong Placer. ai data- this store ranks in the 79th percentile nationally and 78th percentile in Georgia (232/1,056 stores) with 171.1K visitors the past 12 months • Large lot- 1.09 acres

Exclusively Listed By

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