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
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