Dollar General Market | 25.48% Pop Growth

Investment Highlights

2025 NEW CONSTRUCTION DOLLAR GENERAL MARKET
• 10,640 SF upgraded construction Dollar General Market located in south GA near Albany, GA.
• DG Market is a combo store with fresh produce, milk, meats, and other groceries added to Dollar General’s usual mix of low-price general merchandise.  
• This Dollar General will deliver April 2025.

15 YEAR CORPORATE NNN LEASE WITH INCREASES IN INITIAL TERM
• This property features a 15-year corporate guaranteed NNN lease with Dollar General with 5% rent increases every 5 years.
• This store is scheduled to deliver in April 2025.
• Tenant is 100% responsible for all expenses including parking lot, taxes, insurance, roof and structure.
• There are 5% rent increases in each of the five, 5-year option periods.

5 MILE POPULATION GROWTH: 25.48%
• The 5 mile population is 8,115 people with 25.48% growth.
• The 5 mile average household income is $78,150 which is superior to most Dollar General Locations.

POSITIONED OFF HIGH TRAFFIC HIGHWAY (17,400 VPD)
• This store is located off Highway 19 (17,400 VPD). Highway 19 is a major south GA highway that connects Albany to Atlanta.

ALBANY, GA MSA
• Albany is the eighth largest MSA in Georgia, located 150 miles from Atlanta, with a population of roughly 70,000 people
• Albany is home to the Marine Corps Logistics Base-Albany, which provides efficient facilities, infrastructure, and a range of tailored installation support services and has a $1.5 billion impact.
• Albany is part of the Dougherty County School System, which consists of 28 schools and hosts 15,308 students
• Top employers include Phoebe Putney Memorial Hospital, Proctor & Gamble, Albany State University, and Marine Corps Logistics Base-Albany.
• Phoebe Putney Memorial Hospital is the largest employer in Albany, providing 443 beds and more than 3,400 employees.
• Albany State University is a 231-acre public institution serving the area with an enrollment of over 6,100 students.

INVESTMENT GRADE TENANT (S&P: BBB) WITH 20,000 LOCATIONS
• Dollar General is a publicly traded (NYSE: DG) Fortune 500 company with an S&P investment grade credit rating of BBB.
• Currently over 20,000 locations and plans to open 750 stores in 2025.
• Dollar General has been in business for 80 years and has a current net worth of over $18.16B