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Dollar General

TBD Calhoun Rd, Rome, GA 30161

Listing Price: $2,032,000

Cap Rate
4.65%
Tenant Name
Dollar General
Years Remaining On Lease
15.5
Guarantor
Corporate Guarantee
Rentable SF
10,640
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$8.88

Investment Overview

NEW CONSTRUCTION DOLLAR GENERAL • Brand new build to suit Dollar General located in Rome, GA • This store is 10,640 SF and is scheduled for delivery in July 2022. ROME, GA • This Dollar General is located 3 miles from Downtown Rome on Highway 53 (14,900 VPD) • Rome is the largest city in Northwest GA with a population of 36,332 and is the county seat of Floyd County. • National Retailers include: Lowe’s Home Improvement, Publix, Sam’s Club, Kroger, Mount Berry Mall, Walmart, Hobby Lobby and more. • Rome has long had the strength of economic diversity, with an economy founded in manufacturing, education, healthcare, technology, tourism, and other industries • Rome is also well known in the region for its medical facilities, particularly Floyd Medical Center (304 Beds), Redmond Regional Medical Center (230 Beds), and Harbin Clinic (120 Beds) and more. • Home to multiple colleges and universities including Georgia Northwestern Technical College (5,837 Students), Shorter University (3,702 Students), Berry College (1,943 Students) and more. HIGH TRAFFIC LOCATION • The subject property is well located on Highway 53 that sees 14,900 VPD. • Located approximately 20 min West of I-75 (68,000 VPD) that connects Atlanta and Chattanooga. • Nearby National Retailers include Publix, Home Depot, Goodwill, Kroger, and many more. • This Dollar General is located 5 miles from Berry College (2,110 Students) • State Mutual Stadium is 3 miles away from this property and holds 5,100 people. This stadium is home to the minor league baseball team, the Rome Braves. • Surrounded by multiple schools including Rome Highschool (1,788 Students), Rome Middle School (1,040 Students) and Union Christian School (300 Students). NEW 15 YEAR CORPORATE NNN LEASE • Brand 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 10% rent increases in each of the five, 5-year option periods. 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 18,000 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

  • New BTS Dollar General | Delivery July 2022
  • Rome Is Largest City In NW GA
  • High Traffic Location (14,900 VPD)
  • 15-Year NNN Lease
  • Investment Grade Tenant | 18,000 + Locations

Exclusively Listed By

Financing By

Discount

Dollar General

Listing Price: $2,032,000

Cap Rate
4.65%
Tenant Name
Dollar General
Years Remaining On Lease
15.5
Guarantor
Corporate Guarantee
Rentable SF
10,640
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$8.88

Investment Highlights

  • New BTS Dollar General | Delivery July 2022
  • Rome Is Largest City In NW GA
  • High Traffic Location (14,900 VPD)
  • 15-Year NNN Lease
  • Investment Grade Tenant | 18,000 + Locations

Investment Overview

NEW CONSTRUCTION DOLLAR GENERAL • Brand new build to suit Dollar General located in Rome, GA • This store is 10,640 SF and is scheduled for delivery in July 2022. ROME, GA • This Dollar General is located 3 miles from Downtown Rome on Highway 53 (14,900 VPD) • Rome is the largest city in Northwest GA with a population of 36,332 and is the county seat of Floyd County. • National Retailers include: Lowe’s Home Improvement, Publix, Sam’s Club, Kroger, Mount Berry Mall, Walmart, Hobby Lobby and more. • Rome has long had the strength of economic diversity, with an economy founded in manufacturing, education, healthcare, technology, tourism, and other industries • Rome is also well known in the region for its medical facilities, particularly Floyd Medical Center (304 Beds), Redmond Regional Medical Center (230 Beds), and Harbin Clinic (120 Beds) and more. • Home to multiple colleges and universities including Georgia Northwestern Technical College (5,837 Students), Shorter University (3,702 Students), Berry College (1,943 Students) and more. HIGH TRAFFIC LOCATION • The subject property is well located on Highway 53 that sees 14,900 VPD. • Located approximately 20 min West of I-75 (68,000 VPD) that connects Atlanta and Chattanooga. • Nearby National Retailers include Publix, Home Depot, Goodwill, Kroger, and many more. • This Dollar General is located 5 miles from Berry College (2,110 Students) • State Mutual Stadium is 3 miles away from this property and holds 5,100 people. This stadium is home to the minor league baseball team, the Rome Braves. • Surrounded by multiple schools including Rome Highschool (1,788 Students), Rome Middle School (1,040 Students) and Union Christian School (300 Students). NEW 15 YEAR CORPORATE NNN LEASE • Brand 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 10% rent increases in each of the five, 5-year option periods. 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 18,000 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

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