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.