Dollar General | Rent Increases in Initial Lease

BACK TO LISTINGS

2880 GA HWY 286
Eton, GA

Price: $2,046,000

Cap: 6.60%

NOI: $135,024

Building Size: 10,640 SF

Lot Size: 3.32 AC

Investment Highlights

NEW 15 YR NNN “NEXT GEN” DG LEASE WITH 5% BUMPS IN

INITIAL LEASE & OPTIONS

• This property features Dollar General’s “next gen” Lease with 5% rent increases every 5 years in the new

15-year corporate guaranteed NNN lease with Dollar General.

• Tenant is 100% responsible for all expenses including taxes, insurance, CAM, roof and structure.

• There are 5% rent increases in each of the five, 5-year option periods.

NEW UPGRADED CONSTRUCTION DOLLAR GENERAL

• This new upgraded construction Dollar General is 10,640 SF and sits on 3.32 acres. • This store opened and rent commenced in January 2024.

SIGNALIZED INTERSECTION OF TWO STATE HIGHWAYS (11,000 VPD)

• The subject property is strategically positioned at the intersection of State Hwy 286 and 225 with a total traffic count of 11,000 VPD.

• This Dollar General is also located directly across from an elementary & middle school with 1,100 students.

CHATSWORTH, GA

• This Dollar General is located in Eton, GA which is only 7 miles north of downtown Chatsworth and 12 miles from Dalton, GA.

• Chatsworth is the county seat of Murray County and part of the Dalton MSA.

• Chatsworth is near Interstate 75 (74,300 VPD) in the Blue Ridge Mountains in Northwest Georgia. It is 40 miles Southeast of Chattanooga and 80 miles North of Atlanta.

• National Retailers in Chatsworth include Walgreens, Tractor Supply, AutoZone, Ingles, Food City and more.

• Home to the Appalachian Regional Port, the second land port in the state of Georgia that has the capacity to take 50,000 containers off the highway by using a rail line that connects Chatsworth to the Port of Savannah.

DALTON IS THE CARPET CAPITAL OF THE WORLD

• The subject property is located 12 miles from downtown Dalton off Hwy 411 (12,200 VPD).

• Dalton is the county seat of Whitfield County located just off Interstate 75 in the foothills of the Blue Ridge Mountains and is the second largest city in Northwest Georgia.

• Dalton is known as “The Carpet Capital of the World” and is home to 90% of the world’s carpet production.

• Dalton houses over 150 carpet plants employing approximately 30,000 people, and future job growth is predicted to be 36.74% over the next 10 years.

• Dalton is home to Dalton State College (5,987+ Students). Dalton and Whitfield County School districts include 34 schools with over 17,929 students.

INVESTMENT GRADE TENANT

• Dollar General is a publicly traded (NYSE: DG) Fortune 500 company with an S&P investment grade credit rating of BBB.

• Currently over 19,300 locations and expanding by 1,000 stores each year.

• Dollar General has been in business for 80 years and has a current net worth of over $6.2 billion.

Don McMinn

678-808-2762 | EMAIL >

OFFERING MEMORANDUM

Email not recognized.
In lieu of a confidentiality agreement, we request that you complete the following form in order to download an Offering Memorandum or try again.

Name

Phone

Email

Principal or Broker?