BRICK FRONT BUILD-TO-SUIT DOLLAR GENERAL • Build-to-Suit Dollar General with a brick front façade located off I-16 in Allentown (Wilkinson County), GA. • This store is 9,100 SF and opened in March of 2015.
ATTRACTIVE INTERSTATE LOCATION • This Dollar General is well located about 1 mile North of I-16 (25,300 VPD). Interstate 16 is a major East-West Interstate that connects Macon and Savannah. • The 5 Mile Average Household Income is $62,380 which is superior to most Dollar General locations. • Nearest dollar store competition is approximately 10 miles away.
DUBLIN MSA • Allentown is located off I-16 approximately 19 miles West of Dublin, GA and is part of the Dublin MSA. • Dublin is home to numerous national retailers including Home Depot, Kroger, Walmart, TJ Maxx, Walgreens, Big Lots and more. • Dublin has a growing economy and many industrial distribution centers due to its central location between Savannah and Atlanta, GA. • Home to multiple colleges including Middle Georgia State University (700 students), Georgia Military College (8,812 students state wide) and Oconee Fall Line Technical College (1,428 students). • Dublin is home to Baron Field Dublin Municipal Airport that services general aviation air traffic from all over the Southeastern Region of the U.S. • Dublin is known as “The Emerald City” and is the county seat of Laurens County.
9.5 YEAR CORPORATE NNN LEASE • The subject property has 9.5 years remaining on a 15-year Corporate Guaranteed NNN Lease. • Tenant is 100% responsible for all expenses including taxes, insurance, roof and structure. • There are 10% rent increases in each of the five, 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.