NEW UPGRADED WOOD PROTOTYPE STORE • Brand New 9,100 SF Build to Suit Dollar General in Columbus, GA. • This store will be an upgraded wood prototype, consisting of four-sided upgrades and is scheduled for delivery October 2020.
HIGH POPULATION LOCATION • The 5-Mile population for this store is 156,660 which is superior to other Dollar General Locations. • This store is well located on 13th Avenue with 6,260 VPD in the heart of Columbus, GA. • Well located in dense residential community with close access to the primary medical corridor, industrial hub and Country Club of Columbus.
COLUMBUS • Columbus is the county seat of Muscogee County and is the second largest city in the State of Georgia with a population of 194,160. • Home to Fort Benning, the fifth largest U.S. military base with over 120,000 active military personnel and families with an annual economic impact of more than $4.75 billion. • Additional points of interest include Columbus State University (8,200 Students), The Columbus Airport, and The Peachtree Mall (108 Stores). • The city’s key industries include aerospace, automotive, biosciences, defense, manufacturing, technology and tourism.
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.