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Dollar General - Columbus (Midland), GA

9932 Veterans Pkwy, Columbus, GA 31820

Listing Price: $2,020,145

Cap Rate
5.50%
Tenant Name
Dollar General
Years Remaining On Lease
13.1
Guarantor
Corporate Guarantee
Rentable SF
9,100
Lease Type
Absolute Net
Rent Per Square Feet
$12.21

Investment Overview

Dollar General (NYSE: DG) is a chain of more than 17,000 discount stores in 46 states, primarily in the South, East, Midwest, and Southwest, offering basic household items, such as cleaning supplies, health, and beauty aids, apparel, and food. The target is low-, middle-, and fixed-income shoppers. One of Dollar General’s main advantages is that it offers prices as low or lower than Walmart but in more convenient locations.

Investment Highlights

  • Long Term Absolute-Net Corporate Lease | Over 13 Years remaining on the base term
  • Rare Upgraded Construction | Less than 1% of Dollar Generals Nationwide are upgraded
  • Affluent Area | The Average Household Income within 3-Miles is just over $104,000
  • Tenant is the Nation's Largest Small-Box Discount Retailer with Over 17,000+ Locations in 46 States
  • Standard & Poor's Investment Grade (S&P. "BBB") Tenant | The Only Small-Box Retailer with Investment Grade Credit
  • Dollar General has $27.8 Billion in Sales Volume and is Ranked #119 in Fortune 500 as of 2019

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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Dollar General - Columbus (Midland), GA

Listing Price: $2,020,145

Cap Rate
5.50%
Tenant Name
Dollar General
Years Remaining On Lease
13.1
Guarantor
Corporate Guarantee
Rentable SF
9,100
Lease Type
Absolute Net
Rent Per Square Feet
$12.21

Investment Highlights

  • Long Term Absolute-Net Corporate Lease | Over 13 Years remaining on the base term
  • Rare Upgraded Construction | Less than 1% of Dollar Generals Nationwide are upgraded
  • Affluent Area | The Average Household Income within 3-Miles is just over $104,000
  • Tenant is the Nation's Largest Small-Box Discount Retailer with Over 17,000+ Locations in 46 States
  • Standard & Poor's Investment Grade (S&P. "BBB") Tenant | The Only Small-Box Retailer with Investment Grade Credit
  • Dollar General has $27.8 Billion in Sales Volume and is Ranked #119 in Fortune 500 as of 2019

Investment Overview

Dollar General (NYSE: DG) is a chain of more than 17,000 discount stores in 46 states, primarily in the South, East, Midwest, and Southwest, offering basic household items, such as cleaning supplies, health, and beauty aids, apparel, and food. The target is low-, middle-, and fixed-income shoppers. One of Dollar General’s main advantages is that it offers prices as low or lower than Walmart but in more convenient locations.

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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