NEW UPGRADED CONSTRUCTION STORE • Brand New 9,100 SF Build to Suit Dollar General in Waynesboro, GA. • This store has upgraded construction consisting of a corner entry and two sided masonry and is scheduled for delivery June 2020.
CLOSE PROXIMITY TO AUGUSTA, GA • Waynesboro is well located less than 30 miles South of Augusta, GA. • Augusta is the second largest city in GA with a population 197,166 and has the second largest metro-area in the state with 600,151 people. • Augusta is home to Augusta National Golf Club and The Masters, which brings over 200,000 visitors annually from across the world and is a consistent economic boost to Augusta and the surrounding areas. • Augusta is also home to Fort Gordon, a major U.S. Army base and the National cyber security headquarters which houses nearly 10,000 cyber security specialists.
ADJACENT TO 900 EMPLOYEE ELECTRIC PLANT • Subject property is well located less than 9 miles from the Plant Vogtle Electric Generating Plant which is a 2 unit nuclear power plant in Waynesboro, GA that employees 900 people. • Georgia Power’s Plant Vogtle units 3 and 4 is currently under construction and on target to be completed in 2021. Upon completion Vogtle will become the largest nuclear power station in the U.S. • This will be the first new nuclear units built in the U.S. in the last three decades and will provide affordable electricity to power to 1 million GA homes and businesses.
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 five, 5-year option periods.
INVESTMENT GRADE TENANT • Dollar General is a publicly traded (NYSE: DG) Fortune 500 company and has BBB investment grade credit. • Currently over 16,000 locations in 45 states and 1,000 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 $6 billion.