Description

Freestanding Dollar General. 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 9,100 SF building on approx. 1.14 acres. This is a relocation of an existing high sales / small square footage store.

Area Description

St. Marys, GA is located in Coastal Georgia, south of Savannah immediately off I-95. The parcel sits at the front door to a future 170 townhome development that will have an average pricing of $100k. This future development will further increase sales upon construction. The new Saint Marys Middle School (opened in 2008, 1,100 students) entrance is 0.3 miles past the site. The new school will further increase the 2007 DOT recorded traffic counts of 17,540 that will directly pass the DG store location.

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