Dollar General | Full Brick Construction

Investment Highlights

LOW RENT & PRICE POINT DOLLAR GENERAL
• This Dollar General has a low rent of $96,828, which equates to a low price point of $1,336,000.

UPGRADED FULL BRICK CONSTRUCTION DOLLAR GENERAL
• This Dollar General is an upgraded construction location featuring a brick façade.
• The brick construction is superior to most Dollar General stores currently on the market.

AUGUSTA MSA | HOME TO AUGUSTA NATIONAL (200,000+ ANNUAL VISITORS)
• Lincolnton is located 34 miles northwest of Augusta and is part of the Augusta MSA.
• Augusta National Golf Club, located in Augusta, Georgia, is one of the most famous golf clubs in the world. It is also home to the Masters Tournament, one of the four major championships in professional golf, drawing annual crowds of over 200,000.
• Home to Fort Gordon, an Army base that supports over 30,000 active military personnel and an off-post population of 77,680.
• Augusta is undergoing a boom in cyber-based employment. Georgia has invested $93 million in the Georgia Cyber Innovation and Training Center along the river in downtown Augusta. This development has created nearly 4,000 new jobs, with an additional 16,000 indirect civilian jobs expected, generating an annual economic impact of $1.1 billion on the Augusta-Richmond County economy.
• The Augusta MSA, with approximately 580,000 residents, is Georgia’s second-largest metro and a growing hub for cybersecurity, defense, and healthcare industries.

NEAR CLARKS HILL LAKE (5 MILLION ANNUAL VISITORS)
• This Dollar General is located less than 4 miles from Clarks Hill Lake, a popular vacation destination.
• Clarks Hill Lake, also known as Lake Thurmond, is located on the South Carolina–Georgia border, just 38 miles northwest of Augusta and within the Augusta-Richmond County MSA.
• Clarks Hill Lake attracts more than 5 million visitors annually for camping, boating, fishing, and outdoor recreation, making it one of the Southeast’s top destinations.
• Other nearby attractions include Mistletoe State Park and the Augusta Canal National Heritage Area.

NNN LEASE GUARANTEED BY DOLLAR GENERAL
• The subject property has been occupied since 2017 and has 6.5 years remaining on its 15-year corporate NNN lease.
• The lease includes 10% rental increases in each of the five 5-year option periods.
• The tenant is 100% responsible for all expenses, including taxes, insurance, parking lot, roof, and structure.

INVESTMENT GRADE TENANT (S&P: BBB) WITH 21,000 LOCATIONS
• Dollar General is a publicly traded (NYSE: DG) Fortune 500 company with an S&P investment-grade credit rating of BBB.
• The company currently operates over 21,000 locations and plans to open 750 new stores in 2025.
• Dollar General has been in business for 80 years and has a current net worth exceeding $18.16 billion.