1934 Harrietts Bluff Road Kingsland (Jacksonville, FL MSA), GA
Building Size: 9,100 SF
Lot Size:1.3 AC
NEW CONSTRUCTION BUILD-TO-SUIT DOLLAR GENERAL • Brand new 9,100 SF Build-to-Suit Dollar General located in Woodbine, GA. • This store is currently under construction and scheduled for delivery in January 2021.
INTERSTATE LOCATION • This property sits directly off Interstate 95 (67,000 VPD). Interstate 95 is the main interstate on the East Coast that connects Northern Maine to Miami, FL. • Located two exits from Kings Bay Naval Base. As the home port for Navy ballistic missile submarines, Kings Bay contributes over $1.1 Billion to the local economy and supports over 9,000 military personnel. • Strategically positioned less than 5 miles from Hwy 40 (18,100 VPD), the primary retail corridor for Kingsland, GA with Publix, Lowe’s, Tractor Supply and more. • Woodbine is the county seat of Camden County, the 11th largest county in Georgia.
JACKSONVILLE MSA • The property is well positioned in Coastal Georgia between Savannah and Jacksonville, FL. Woodbine is located 35 miles North of Jacksonville and is part of the Jacksonville, Florida MSA. • Jacksonville is the most populous city in the Southeast and the 12th most populous city in the U.S. with a population of over 926,000. • The Port of Jacksonville handles over 21 million tons of cargo per year, contributes over $19 Billion to the economy annually and supports over 65,000 jobs. • Jacksonville is home to multiple Fortune 500 companies including CSX Corporation, Fidelity National Information Services and Southeastern Grocers. • Jacksonville, FL sees over 95 Million tourists per year that contribute over $1 Billion to the economy annually and support over 43,000 jobs. • Home to the Jacksonville Jaguars and TIAA Bank Field that has a capacity of 67,814 seats.
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.