NEW UPGRADED CONSTRUCTION DOLLAR GENERAL • Brand new 10,640 SF upgraded construction Dollar General located in Douglas, GA • This store is currently being built and is scheduled to deliver in August 2022.
LOCATED ON NATIONAL RETAIL CORRIDOR • This Dollar General is located at the signalized intersection of Highway 441 (12,100 VPD) and McNeil Drive (3,090 VPD). • Nearby national retailers include Lowe’s Home Improvement, Chick fil A, Tractor Supply, Burger King and more • The five mile population for this Dollar General is 21,321. • South Georgia College (3,000 Students) is located 2 miles from the subject property and contributes more than $46 million annually to the economy of Coffee County. • The subject property is located 2 miles from the Coffee Regional Medical Center, which employs over 300 employees and provides 98 beds.
DOUGLAS, GA • Douglas is located in the heart of South Georgia and is centrally located (with direct four-lane highway connectivity) between I-75, I-16, I-95 and I-10. • Nearby cities include Savannah, Valdosta, and Albany, as well as Jacksonville, FL. • Wal-Mart is the major employer in Douglas, including the distribution center that employs over 1,600 people. • South Georgia College (3,000 Students) is located on 190 acres in Douglas and contributes more than $46 million annually to the economies of Coffee and surrounding counties. • Major industries include poultry processing, manufactured housing, jet engine parts, and small engines.
NEW 15- YEAR C ORPORATE NNN LEASE • Brand new 15-year corporate guaranteed NNN lease with Dollar General. • Tenant is 100% responsible for all expenses including taxes, insurance, CAM, 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 18,200 locations and expanding by 1,000 stores each year. • Dollar General has been in business for 83 years and has a current net worth of over $54.4 billion.