Dollar General

Dollar General

1376 Hwy 22 East
Haddock (Macon MSA), GA

Price: $1,536,000
Cap: 6.65%
NOI: $102,132
Building Size: 9,100 SF
Lot Size: 1.53 AC

Investment Highlights

BRAND NEW CONSTRUCTION STORE
• Brand new 9,100 SF build-to-suit Dollar General in Haddock, GA.
• This store is currently under construction and scheduled for delivery in August 2019.

MACON MSA
• Haddock is positioned 20 miles northeast of Macon, GA.
• Macon is the 8th largest city in Georgia with a population of 228,914 and is the county seat of Bibb County.
• Three interstate highways run through Macon: I-16 (connecting Macon to Savannah), I-75 (major North- South interstate), and I-475.
• Macon is home to several institutions of higher learning: Mercer University, Wesleyan College, Middle Georgia State University, and Central Georgia Technical College (combined 22,500+ students).

THRIVING STATE ECONOMY
• According to CNBC and based on more than 60 measures of competitiveness, Georgia has one of the top economic climates in the United States (#7 overall).
• Georgia ranked top 5 nationwide in the workforce, infrastructure and economy categories.
• Seventeen Fortune 500 companies are headquartered in Georgia, which include: Home Depot, UPS, Coca-Cola, Delta, SunTrust Banks and Aflac.

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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