NEW UPGRADED BUILD TO SUIT DOLLAR GENERAL • Brand New Build to Suit Dollar General located in Cordele, GA. • This store is 10,640 SF prototype with upgraded construction that is delivering in October 2021.
INTERSTATE LOCATION • This Dollar General is well located on US Hwy 257 (4,590 VPD) and just West of I-75 (53,000 VPD). • Nearby national retailers include Home Depot, Tractor Supply, Chick-Fil-A, CVS and more. • Located 6 miles from Waycross-Ware County Airport that supports 18,000 aircraft operations annually.
CORDELE • Cordele is the county seat of Crisp County, and is known as the “Watermelon Capital of the World”. • Within minutes from the property is Downtown Cordele, Georgia Veterans State Park, Drexel Chemical, the Crisp County Cordele Airport, and more. • Crisp County is home to branches of global companies such as Pepsi-Cola, Drexel Chemical, and Norbord Georgia, all of which employ many in the Cordele area.
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, CAM, 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 17,000 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.