Dollar General

Dollar General

TBD GA Hwy 219
Fortson (Columbus MSA), GA

Price: $1,518,000
Cap: 6.65%
NOI: $100,896
Building Size: 9,100 SF
Lot Size: 1.6 AC

Investment Highlights

BRAND NEW UPGRADED CONSTRUCTION STORE
• Brand new 9,100 SF build-to-suit Dollar General with upgraded construction in Fortson, GA.
• This store is scheduled for delivery in August 2019.

COLUMBUS MSA
• Fortson is 13 miles away from Columbus, GA and is part of the Columbus MSA.
• Columbus is the 3rd largest city in Georgia with a population of 194,058.
• Home to Fort Benning, which is the 5th largest U.S. military base with over 120,000 active military personnel and families. 
• Also home to Columbus State University with 8,076 enrolled students.

AFFLUENT DEMOGRAPHICS
• 5-mile Average Household Income is $108,095, which is superior to the usual Dollar General location.

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.

Don McMinn
OFFERING MEMORANDUM

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