NEW CONSTRUCTION STORE • Brand New 9,002 SF Build to Suit Dollar General in Cleveland, GA. • This store is currently under construction and scheduled for delivery in August 2020.
ATTRACTIVE LOCATION • This Dollar General is well located at the intersection of GA Hwy 255 S (2,180 VPD) and GA Hwy 384 (3,690 VPD). • Cleveland is home to numerous national retailers including Tractor Supply, Walmart, Ingles, Chick-Fil-A, Walgreens, McDonald’s and more. • High Growth Area - Households Projected to Increase 19%+ in a 3-Mile Radius by 2023
CLEVELAND, GA • Cleveland is located in Georgia’s White County, approximately 90 miles northeast of Atlanta and 128 miles southeast of Chattanooga. • Home to Truett McConnell University a private Baptist University with an enrollment of 2,600 undergraduate students, the Truett- McConnell acceptance rate is 93%. • The city also includes the North Georgia Zoo and Petting Farm, as well as Babyland General Hospital the Cabbage Patch Kids Museum. • With over 20 area waterfalls, seven wineries, and three state parks, White County is a prime location for outdoor recreation. • The county is home to numerous lodging options, from upscale resorts to isolated cabins with nearby waterfalls and mountain views.
LONG TERM CORPORATE ABSOLUTE NNN LEASE • Brand new, 15-year corporate guaranteed lease with Dollar General • Tenant is 100% responsible for all expenses, which include taxes, CAM, insurance, roof and structure • 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 and is BBB investment grade rated. • There are currently over 15,839 locations in 45 states and 975 new locations expected to be opened this year. • Dollar General has been in business for over 80 years and has a current net worth of over $6B.