NEW BUILD-TO-SUIT CONSTRUCTION STORE • Brand new 9,026 SF Build-to-Suit Dollar General located in Trenton (Dade County), GA. • This store is currently under construction and scheduled for delivery in April 2021.
CHATTANOOGA MSA • Trenton is located between I-59 (21,700 VPD) and I-24 (51,200 VPD), 20 minutes South of Chattanooga and is part of the MSA (547,776+). • Chattanooga is the fourth largest city in Tennessee with a population of over 170,000 people. • Chattanooga is one of the South’s top travel destinations, with the New York Times naming Chattanooga one of the “Top 45 Places to Go.” • Chattanooga’s affordable cost of living with one of the area’s lowest tax rates as well as the Volkswagen plant has boosted the area’s labor force.
ATTRACTIVE NORTH GEORGIA LOCATION • The North Georgia Mountains are home to the Appalachian Trail which sees over 3 Million hikers per year. • Home to the University of North Georgia that contributes more than $667 Million to the North Georgia economy. • According to CNBC and based on more than 60 measures of competitiveness, Georgia has one of the top economic climates in the United States (#7 overall). • Georgia is ranked top 5 nationwide in the workforce, infrastructure, and economy categories. • Seventeen Fortune 500 companies are headquartered in Georgia, including Home Depot, UPS, Coca-Cola, Delta, SunTrust Banks, and Aflac.
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 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.