Discount

Dollar General

813 Bowens Mill Rd SE, Douglas, GA 31533

Listing Price: $1,451,700

Cap Rate
6.75%
Tenant Name
Dollar General
Years Remaining On Lease
10.10
Guarantor
Corporate Guarantee
Rentable SF
9,100
Lease Type
Double Net
Rent Per Square Feet
$10.77

Investment Overview

Douglas-Coffee County is located in the heart of South Georgia. Conveniently situated between four interstates, the location is ideal for distribution centers and manufacturers alike. The proximity to major international airports in Jacksonville, FL and Atlanta, GA means that you can access the world quickly. The Savannah Ports, Jacksonville Ports, Brunswick Ports as well as Charleston, Mobile, Tampa, Port Everglades and even New Orleans allow for fast importing/exporting of goods to/from anywhere in the world. Highway 82 just south of Douglas allows for direct four laned access between Interstate 95 at Brunswick and Montgomery, AL and all points in between.

Investment Highlights

  • New 10-Year Lease | Rare Rent Increase in Initial Term at Year 6 | Five, Five-Year Options with 8 Percent Rent Increases
  • Located on Bowens Mill Road – Recently expanded into four lanes to accommodate growing traffic counts, currently over 12,400 Cars pass the site each day
  • Strategically positioned within walking distance of four large apartment complexes, Douglas Pine Apartments (48 Units), Hunter's Run (50 Units), Amberwood (104 Units), and Estes Park (72 Units)
  • Tenant is the Nation's Largest Small-Box Discount Retailer with Over 16,500 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 #112 in Fortune 500

Exclusively Listed By

  • Kevin Boeve

    Senior Vice President Investments

    (909) 456-3450

    Email Kevin

    License(s): CA: 01247016

    Ontario

  • Kyle P. Blatt

    Associate

    Email Kyle

    License(s): CA: 02017976

    Ontario

Financing By

Listing Price: $1,451,700

Cap Rate
6.75%
Tenant Name
Dollar General
Years Remaining On Lease
10.10
Guarantor
Corporate Guarantee
Rentable SF
9,100
Lease Type
Double Net
Rent Per Square Feet
$10.77

Investment Highlights

  • New 10-Year Lease | Rare Rent Increase in Initial Term at Year 6 | Five, Five-Year Options with 8 Percent Rent Increases
  • Located on Bowens Mill Road – Recently expanded into four lanes to accommodate growing traffic counts, currently over 12,400 Cars pass the site each day
  • Strategically positioned within walking distance of four large apartment complexes, Douglas Pine Apartments (48 Units), Hunter's Run (50 Units), Amberwood (104 Units), and Estes Park (72 Units)
  • Tenant is the Nation's Largest Small-Box Discount Retailer with Over 16,500 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 #112 in Fortune 500

Investment Overview

Douglas-Coffee County is located in the heart of South Georgia. Conveniently situated between four interstates, the location is ideal for distribution centers and manufacturers alike. The proximity to major international airports in Jacksonville, FL and Atlanta, GA means that you can access the world quickly. The Savannah Ports, Jacksonville Ports, Brunswick Ports as well as Charleston, Mobile, Tampa, Port Everglades and even New Orleans allow for fast importing/exporting of goods to/from anywhere in the world. Highway 82 just south of Douglas allows for direct four laned access between Interstate 95 at Brunswick and Montgomery, AL and all points in between.

Exclusively Listed By

  • Kevin Boeve

    Senior Vice President Investments

    (909) 456-3450

    Email Kevin

    License(s): CA: 01247016

    Ontario

  • Kyle P. Blatt

    Associate

    Email Kyle

    License(s): CA: 02017976

    Ontario

Financing By

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