NEW UPGRADED CONSTRUCTION STORE • New Build-to-Suit Dollar General located in Tifton, GA. • This store has upgraded storefront construction and is scheduled for delivery in April 2021.
NEAR INTERSTATE 75 • Subject property sits 2 miles West of I-75 (57,500 VPD). • I-75 is a major North-South interstate running from the northern tip of Michigan to south Florida. • Tifton is the regional hub of South Georgia.
CLOSE PROXIMITY TO PRIMARY RETAIL CORRIDOR • Subject property is at the intersection of Whiddon Mill Road (4,780 VPD) and Upper Ty Ty Road (3,240 VPD). • This store is located 1 mile from Carpenter Road which is part of new retail and road expansion to accommodate growth in Tifton, and there are numerous new retail developments already underway including Hobby Lobby. • Less than 2 miles from over 2 million square feet of national retail including Publix, Lowe’s, Walmart, TJ Maxx, Tractor Supply, Big Lots, and Tifton Mall (220,165 SF). • Less than 3 miles from University of Georgia Tifton Campus (1,456 students) and Abraham Baldwin Agricultural College (3,458 students) which contribute a combined $460 Million to the Tifton economy.
TIFTON, GA • Tifton is the county seat of Tift County and is located approximately 38 miles East of Albany and 180 miles South of Atlanta, Georgia. • Tifton Regional Medical Center draws people from surrounding counties for medical care contributing nearly half-a-billion dollars to the local economy. • Tifton’s geographic location and access to interstate 75 (57,000 VPD) has allowed the city to become a regional hub for healthcare, retail, agriculture, manufacturing, warehousing and distribution. • Tifton is home to Henry Tift Myers Airport that services over 17,600 aircraft operations per year.
NEW 15-YEAR CORPORATE NNN LEASE • Brand new 15-year Corporate Guaranteed NNN Lease with Dollar General. • Tenant is 100% responsible for all expenses including taxes, insurance, 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 16,500 locations and expanding by 1,000 stores each year. • Dollar General has been in business for 80 years and has a current net worth of over $6.2 billion.