DOLLAR GENERAL

Actual Location Is Shown

Description

Freestanding Dollar General with upgraded construction - all brick on 4 sides. Corporate backed, 15 year net lease is in place with a 3% rent increase guaranteed in Year 11. There are (4) 5-year renewal Options also available. Property is a 12,480 SF building on approx. 1.45 acres. This is a relocation of an existing high sales / small square footage store.

Area Description

Midway, GA is located in the Coastal Georgia area, just south of Savannah, GA and immediately off I-95. Butler Ave acts as Main Street in Midway housing the IGA Grocery, post office, hardware store, community bank, cleaners, Movie Gallery and other local shops. Hwy 84 is a four lane highway connecting Interstate 95 and Hinesville, GA that runs directly through Midway. Midway will continue to grow due to its more affordable housing and proximity to Fort Stewart. Fort Stewart continues to expand and is the largest military base east of the Mississippi. Hwy 84 acts as the direct route from Ft. Stewart to I-95 leading to all beaches and tourism. Midway is also an easy 36 mile drive from the employment and tourism center of Savannah which is a quick trip North on Interstate 95.

Business Notes

LEASE GUARANTOR: Dollar General Corporation; NYSE: DG

Contacts

  • Mr. Bill Weitzenkorn
    Associate
    Phone (678) 880-3270 Ex. 102
    Fax (678) 807-1927
    E-Mail bill@tri-oak.com

Company

Tri-Oak Commercial Group
Retail Investment Brokerage
2920 Marietta Highway
Suite 126
Canton, GA 30114
Phone (678) 880-3270
Fax (678) 807-1927
e-Mail info@tri-oak.com
Commercial Retail Sale
173 Butler Street
Midway, GA 31320


County
Liberty
Building StatusUnder ConstructionTotal SF12,480Number of Floors1Lot Size63,162 SFYear Built2010TenancySingle Tenant
Sale Price
$1,210,000.00

Date Sold
Jul 22, 2010

Attached Files

(Click to download)

Financials

Gross Income$112,249.00

Click for Financials Sheet

Land/Lot Info

Lot Size :63162.00 SF
The above information has been secured by sources deemed to be reliable, Tri Oak makes no representations or warranties expressed or implied as to the accuracy of the above information. References to square footage or age are approximate. Purchaser/User must verify the accuracy of the above information and bears all risks for any inaccuracies. Above information is subject to verification and no liability for errors or omissions are assumed.