BRAND NEW CONSTRUCTION STORE • New 8,247 SF build to suit Family Dollar currently under construction and scheduled for delivery in December 2018.
ATHENS MSA • Hull is well-located approximately 6 miles from Athens, GA and is part of the Athens-Clarke County MSA. • Athens is the 6th largest city in GA with an estimated population of 209,271. Athens is home to the University of Georgia (46,000+ Student & Faculty). • Athens is 70 miles Northeast of downtown Atlanta.
ATHENS MSA • Founded in 1785, UGA is the state’s flagship and largest university with 46,000+ Student & Faculty • The campus encompasses 762 acres and employees over 10,665 people. • The University is ranked 16th overall among all public universities in the U.S. and offers 140 degree programs with an endowment of $1.64 billion • UGA, most commonly known for football, offers 21 varsity sports and has won 41 national championships, 29 since 1999.
ATTRACTIVE RETAIL LOCATION • The subject property is well located on U.S. 29 with 18,600 VPD and approximately 5 miles away from Athens, GA. • Surrounding national retailers include CVS, Ingles, Starbucks, Shell, BB&T Golden Pantry, and more.
NEW LONG TERM CORPORATE LEASE • New 10-Year lease expected to commence in December 2018. • Rental Increases every 5-Years beginning in year 11. • The Lease is NN with minimal landlord responsibilities. • Tenant is responsible for Taxes, CAM, Insurance and HVAC.
INVESTMENT GRADE TENANT • Dollar Tree/Family Dollar recently upgraded to investment grade credit rating | S&P BBB • Largest most successful single-price-point retailer in North America. • Dollar Tree/Family Dollar Operate 15,000+ stores across 48 states and five Canadian provinces. • Annual Revenues exceed $22 Billion.