UPGRADED CONSTRUCTION DOLLAR GENERAL • The subject property is a 9,100 SF upgraded construction Dollar General located in Brunswick (Glynn County), GA. • This property was built in 2014 and sits on 1.64 AC.
DOWNTOWN BRUNSWICK LOCATION • The subject property is in downtown Brunswick on Norwich St (5,480 VPD) off Hwy 341 (13,700 VPD) and 1 mile from Hwy 17 (34,100 VPD). Interstate 94 (51,700 VPD) is also only 3 miles from this Dollar General. • The 5-mile population of this store is 40,228 • The Georgia Pacific Pulp & Paper Mill is 2 miles from the property. With about 600 employees, the mill is the world’s largest producer of absorbent fluff pulp - and one of the largest users of coastal Georgia groundwater. • The main retail corridor in Brunswick is 3 miles from this property. National Retail in the corridor includes Publix, Target, Home Depot, Staples, and many more. • College of Coastal GA is 1 mile away with 3,500 students enrolled.
ATTRACTIVE COASTAL GA | GATEWAY TO THE GOLDEN ISLES • Brunswick is located on a harbor of the Atlantic Ocean approximately 70 miles North of Jacksonville, FL and 70 miles south of Savannah, GA. • Brunswick is the second-largest urban area on the Georgia coast after Savannah and is the County seat of Glynn County. • The Port of Brunswick is one of the nation’s most productive ports on the Atlantic Coast and is the sixth busiest automobile port in the country, employing over 11,000 people in the area. • Brunswick is home to Gulfstream Aerospace, one of the world’s most recognized aircraft manufacturers. • The area is also home to one of the most impressive medical hubs in the region, a well-established manufacturing base and a new four-year college.
THE GOLDEN ISLES • Located on the southeastern shore of the Atlantic Ocean, the Golden Isles is comprised of the city of Brunswick, Jekyll, St. Simons, Little St. Simon, and Sea Island. • The area’s beaches, resorts, shops, and historic sites attract visitors from around the world. The Golden Isles support over 2.5 million tourists annually who contribute over $1.1 Billion to the economy per year. • The Port of Brunswick is one of the nation’s most productive ports on the Atlantic Coast and is the sixth busiest automobile port in the country employing over 11,000 people in the area. • The Sidney Lanier Bridge, which spans the entrance to the Port of Brunswick and is one of the gateways to the Golden Isles, is currently the longest spanning bridge in Georgia.
7 YEAR CORPORATE NNN LEASE • There are 7 Years remaining on an original 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 four, 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 18,200 locations and expanding by 1,000 stores each year • Dollar General has been in business for 83 years and has a current net worth of over $54.4 billion.