RECENTLY CONSTRUCTED STORE • This 9,100 SF build-to-suit Dollar General opened in April 2017 and is located in Perry (Warner Robbins MSA), GA.
NEAR INTERSTATE 75 • 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.
WARNER ROBBINS MSA • 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
LONG TERM CORPORATE ABSOLUTE NNN LEASE • 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.
INVESTMENT GRADE TENANT • 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.