Description

Freestanding Dollar General with a Corporate backed, 15 year net lease in place with a 3% rent increase guaranteed in Year 11. There are (4) 5-year renewal Options also available. Property is a 9,014 SF building on approx. 1.18 acres. This is a relocation of an existing high sales / small square footage store.

Area Description

This site sits just North of downtown Folkston, GA and is between Folkston and the City of Homeland. The site shares a median break with the Charlton County High School and Middle School complex that serves the entire county for grades 7-12. In addition, Charlton County Hospital and the Ray James Correctional Institute are both just North of the site. The Okefenokee Swamp Wildlife Refuge brings 400,000 hikers, campers, boaters and tourists a year. Over 200,000 of these visitors use Folkstons eastern entrance. The DG is strategically positioned 250 yards from this eastern entrance (Okefenokee Drive) that leads directly to the parks entrance.

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