Dollar General

Dollar General

5859 S State Highway 197
Clarkesville, GA

Price: $1,402,000
Cap: 6.50%
NOI: $91,104
Building Size: 9,100 SF
Lot Size: 4.29 AC

Investment Highlights

NEW CONSTRUCTION STORE
• Brand New 9,100 SF Build-to-Suit Dollar General in Clarkesville, GA.
• This store is scheduled for delivery March 2019.

ATTRACTIVE RETAIL LOCATION
• Well located on GA State Route 197 near Downtown Clarkesville which opened 25 new businesses in 2017.
• Adjacent national retailers include Ingles, Starbucks, Wendy’s, AutoZone, McDonald’s, Rite Aid, Verizon, Zaxby’s, Domino’s and more.
• Approximately 3 miles from Piedmont College (2,361 students) and North Georgia Technical College (4,300 students).

CLARKESVILLE
• Clarkesville is located approximately 80 miles North of Atlanta in the NE GA Mountain Region.
• The NE Georgia Mountain Region is the third most popular tourist destination in Georgia.
• Clarkesville is home to Piedmont College (2,361 students) and North Georgia Technical College (4,300 students).
• Clarkesville is the county seat of Habersham County.

LONG TERM CORPORATE ABSOLUTE NNN LEASE
• The subject property has a brand new 15-year corporate guaranteed lease with Dollar General.
• Tenant is 100% responsible for all expenses, including taxes, CAM, insurance, roof and structure.
• There are 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 15,000 locations in 45 states and 900 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.

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?