NEW CONSTRUCTION STORE • Brand new 9,100 SF Build-to-Suit Dollar General in Stapleton (Augusta MSA), GA. • This store is currently under construction and is scheduled for delivery October 2020.
AUGUSTA MSA • Stapleton is located 35 miles West of Augusta and is part of the Augusta MSA. • With an estimated population of 580,000, Augusta is Georgia’s second largest city and MSA. • Augusta National Golf Club, located in Augusta, Georgia, is one of the most famous golf clubs in the world. It is also home to the Masters Tournament, which is one of the four major championships in professional golf and draws annual crowds over 50,000. • Home to Fort Gordon, an Army base that supports over 30,000 active Military personnel and an off-post population of 77,680. • Augusta is undergoing a boom in cyber-based employment. Georgia alone has invested $93 million developing the Georgia Cyber Innovation and Training Center along the river in downtown Augusta. This has created nearly 4,000 new jobs and will indirectly create an additional 16,000 more civilian jobs and have an annual economic impact of $1.1 billion on the Augusta-Richmond County economy.
ATTRACTIVE DOLLAR GENERAL LOCATION • This Dollar General is well located at the intersection of GA 296 (1,450 VPD) and GA 102 (1,730 VPD) in the heart of Stapleton, GA. Georgia State Route 102 passes through the center of downtown Stapleton leading East 4.5 miles from Wrens, 19 miles from Thomson, and 35 miles from Augusta. • The 1-Mile average household income is $73,952 which is superior to most Dollar General locations.
LONG TERM CORPORATE NNN LEASE • Brand new 15-year Corporate Guaranteed Lease with Dollar General. • The Tenant is 100% responsible for all expenses, which include taxes, CAM, insurance, roof and structure. • There are 10% rent increase 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 16,000 locations in 45 states and 1,000 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 $6 billion.