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Dollar General

804 Eufaula Hwy, Fort Gaines, GA 39851

Listing Price: $748,000

Cap Rate
7.25%
Tenant Name
Dollar General
Years Remaining On Lease
5.4
Gross SF
9,014
Guarantor
Corporate Guarantee
Rentable SF
9,014
Price/Gross SF
$82.98
Lease Type
Double Net
Rent Per Square Feet
$6.02

Investment Overview

The subject property is a 2006 construction ±9,100 square foot Dollar General located in Fort Gaines (Clay County), Georgia. The building was originally constructed on a build-to-suit basis for Dollar General and has been in operation for fifteen years. Dollar General signed a ten-year double net lease and has demonstrated their commitment to the site by exercising the first two options of the five, five-year option periods. Dollar General (NYSE: DG), a publicly traded company with an investment grade credit rating of “BBB” by Standard & Poor’s, has a market cap of $49.5 billion and an annual revenue north of $28 billion.

Investment Highlights

  • 10 Year Original NN Lease and Built in 2006 - ±5.5 Years Remaining with Second Option Already Exercised and 10% Increases in Each Option Period
  • No Discount Store or Big Box Retail Competition for Over 15 Miles
  • Dollar General (NYSE: DG), a publicly traded company with an investment grade credit rating of "BBB" by Standard & Poor's, has a market cap of $49.5 billion and an annual revenue north of $28 billion
  • Multiple Schools in the Clay County School District including Clay County Elementary School, Clay County Middle School, and Ninth-Grade Academy

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s) GA: 252904

    Georgia

Listing Price: $748,000

Cap Rate
7.25%
Tenant Name
Dollar General
Years Remaining On Lease
5.4
Gross SF
9,014
Guarantor
Corporate Guarantee
Rentable SF
9,014
Price/Gross SF
$82.98
Lease Type
Double Net
Rent Per Square Feet
$6.02

Investment Highlights

  • 10 Year Original NN Lease and Built in 2006 - ±5.5 Years Remaining with Second Option Already Exercised and 10% Increases in Each Option Period
  • No Discount Store or Big Box Retail Competition for Over 15 Miles
  • Dollar General (NYSE: DG), a publicly traded company with an investment grade credit rating of "BBB" by Standard & Poor's, has a market cap of $49.5 billion and an annual revenue north of $28 billion
  • Multiple Schools in the Clay County School District including Clay County Elementary School, Clay County Middle School, and Ninth-Grade Academy

Investment Overview

The subject property is a 2006 construction ±9,100 square foot Dollar General located in Fort Gaines (Clay County), Georgia. The building was originally constructed on a build-to-suit basis for Dollar General and has been in operation for fifteen years. Dollar General signed a ten-year double net lease and has demonstrated their commitment to the site by exercising the first two options of the five, five-year option periods. Dollar General (NYSE: DG), a publicly traded company with an investment grade credit rating of “BBB” by Standard & Poor’s, has a market cap of $49.5 billion and an annual revenue north of $28 billion.

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s): GA: 252904

    Georgia

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