NEW CONSTRUCTION STORE •Brand New 9,100 SF Build to Suit Dollar General in Siloam, GA. •This store is currently under construction and scheduled for delivery in August 2020.
WELL LOCATED BETWEEN ATLANTA & AUGUSTA •Siloam sits right off I-20 (30,000 VPD) approximately one hour East of Atlanta and West of Augusta. •Atlanta and Augusta are the two largest cities in the state of Georgia with a combined metro population of over 6.7 Million. •Atlanta is the state capital and cultural and economic center of Georgia and Augusta is home to the prestigious Masters Golf Tournament.
ATTRACTIVE INTERSTATE LOCATION •This store is well located right off I-20 (30,000 VPD) which connects Atlanta and Augusta. •The 5-Mile average household income is $61,632 which is superior to most Dollar General locations. •The store is located right off Main Street and has no major competition in this market.
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.