BRAND NEW CONSTRUCTION STORE • Brand new build-to-suit prototype Dollar General in Arabi, GA. • This store is currently under construction and scheduled for delivery March 2019.
LOCATED NEAR INTERSTATE-75 • Subject property is located on Hwy 41 (1,440 VPD), which is the primary road running through the center of Arabi. • Positioned 1-mile away from I-75 (42,300 VPD). • I-75 is the primary thoroughfare for motorists traveling from Atlanta to South Georgia. • I-75 is the 2nd longest north-south interstate highway and extends from the northern tip of Michigan to south Florida.
LONG TERM CORPORATE 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 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. • Currently over 15,000 locations in 45 states and 975 new locations expected to be opened this year. • Dollar General has been in business for 79 years and has a current net worth of over $6B.
THRIVING STATE ECONOMY • Georgia has one of the top economic climates in the entire country (#7 overall). • Georgia ranked top 5 nationwide in the workforce, infrastructure and economy categories. • Seventeen Fortune 500 companies have their headquarters in Georgia including: Home Depot, UPS, Coca-Cola, Delta, and Mercedes-Benz.