Dollar General

Dollar General

TBD Duncan Bridge Road
Cornelia, GA

Price: $1,408,000
Cap: 6.60%
NOI: $92,916
Building Size: 9,026 SF
Lot Size: 1.96 AC

Investment Highlights

NEW CONSTRUCTION STORE
• Brand New 9,026 SF Build to Suit Dollar General in Cornelia, GA
• This store is currently under construction and scheduled for delivery in April 2020.

CORNELIA, GA
• The subject property is well located on Duncan Bridge Road (5,930 VPD) which is approximately 87 miles north of Atlanta, GA.
• Cornelia is home to the Habersham County Airport and numerous national retailers including: Lowe’s, Tractor Supply, Walmart, Big Lots, Goodwill, Ingles, Walgreens, Belk, and more.
• It is home to one of the world’s largest apple sculptures, which is displayed on top of an obelisk-shaped monument.

THRIVING STATE 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.

LONG TERM CORPORATE ABSOLUTE NNN LEASE
• Brand new, 15-year corporate guaranteed lease with Dollar General.
• Tenant 100% responsible for all expenses, which include taxes, CAM, insurance, roof and structure.
• 10% rent increase in each of the five, 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 16,000 + locations in 45 states and 975 new locations expected to be opened this year.
• Dollar General has been in business for 80 years and has a current net worth of over $6B.

Don McMinn
OFFERING MEMORANDUM

Email not recognized.
In lieu of a confidentiality agreement, we request that you complete the following form in order to download an Offering Memorandum or try again.







Principle or Broker?