Dollar General

Dollar General

2203 Highway 41
Perry, GA

Price: $1,230,000
Cap: 6.75%
NOI: $83,004
Building Size: 9,100 FL
Lot Size: 2.15 AC

Investment Highlights

• This 9,100 SF build-to-suit Dollar General opened in April 2017 and is located in Perry (Warner Robbins MSA), GA.

• Perry is strategically located off of two major interstate highways (I-75 and I-16), and the city is known as “The Crossroads of Georgia.”
• This Dollar General is well positioned on US Hwy 41 (6,570 VPD) and less than a mile away from Interstate 75 (52,800 VPD) with excellent street frontage, access, and visibility.
• North of Downtown Perry and national retailers include: Tractor Supply, Kroger, Longhorn Steakhouse, Chick-Fil-A, Wendy’s, Taco Bell and many more.
• There are more than 180,000 persons living within a 15 mile radius of downtown Perry.

• Perry, located in Warner Robbins MSA, is well located about a 100 miles South of Atlanta and 14 miles south of Warner Robbins
• Warner Robins is home to Robbins Air Force Base, a major U.S. Air Force maintenance and logistics complex with 25,584 civilian and military members and has led to the city’s rapid growth
• Warner Robbins is currently Georgia’s tenth-largest incorporated city with an estimated population of 75,797
• The city of Perry is Middle Georgia’s premiere business community and is one of the fastest growing regions in Georgia
• Perry is the home of the Georgia National Fairgrounds and Agricultural Center and major employers such as Perdue Chicken, Frito Lay, Graphic Packaging International and Perry Hospital
• The Perry-Houston County Airport (PXE) serves the local community with general aviation needs, and Atlanta’s Hartsfield-Jackson International Airport (the world’s busiest) is approximately 100 miles north of Perry
• Six colleges and universities offer access to post-secondary education to the region, and graduate 12,000 students annually

• The subject property has over 12 years remaining on a 15-year corporate guaranteed lease with Dollar General.
• Tenant 100% responsible for all expenses, which include taxes, CAM, insurance, roof and structure.
• 10% rent increase in each of the five, 5-year option periods.

• Dollar General is a publicly traded (NYSE: DG) Fortune 500 Company and is BBB investment grade rated.
• There are currently over 16,000 + locations in 45 states and 975 new locations expected to be opened this year.
• Dollar General has been in business for 80 years and has a current net worth of over $6B.

Don McMinn

Email not recognized.
In lieu of a confidentiality agreement, we request that you complete the following form in order to download an Offering Memorandum or try again.

Principle or Broker?