Dollar General

Dollar General

TBD Highway 142
Shady Dale, GA

Price: $1,439,000
Cap: 6.65%
NOI: $95,640
Building Size: 9,100 SF
Lot Size: 2.30 Acres

Investment Highlights

NEW CONSTRUCTION STORE
• Brand New 9,100 SF Build to Suit Dollar General in Shady Dale, GA
• This store is currently under construction and scheduled for delivery in July 2020

CLOSE PROXIMITY TO ATLANTA
• Shady Dale is well located within Jasper County and is approximately 1 hour SE of Atlanta
• With an overall population of 6.1 million throughout the 28-county metro area, Atlanta is the ninth largest MSA in the U.S. and is projected to be the 6th most populated metro area by 2020
• Atlanta is the capital and serves as the cultural and economic center of the State of Georgia
• Shady Deal is well known for an annual professional rodeo the first weekend in June each year since 1983, which draws champion cowboys and cowgirls from all over the U.S.

SUPERIOR TRAFFIC LOCATION
• This store is well located on Eatonton Highway (State Hwy 142) with 1,250 VPD which connects Shady Dale to Atlanta
• The subject property sits at a pin corner of a lighted intersection of 3 roads including GA Hwy 142 (1,250 VPD) in the center of town with no competition
• The 5-Mile average household income is $65,740 which is superior to most Dollar General locations

LONG TERM CORPORATE ABSOLUTE NNN LEASE
• Brand new, 15-year corporate guaranteed lease with Dollar General
• Tenant is 100% responsible for all expenses, which include taxes, CAM, insurance, roof and structure
• 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 and is BBB investment grade rated.
• There are currently over 15,839 locations in 45 states and 975 new locations expected to be opened this year.
• Dollar General has been in business for over 80 years and has a current net worth of over $6B.

Don McMinn
OFFERING MEMORANDUM

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