Investment Overview
Exclusive Realty is pleased to present this 9,100 square foot Dollar General store located in Rutledge, Georgia. The property has a NN lease, leaving minimal Landlord responsibilities. Lease is corporately guaranteed by Dollar General, Inc., which holds a credit rating of “BBB” and is classified as investment grade. This Dollar General is located off Highway 278, which makes it an ideal location for a Dollar General. The subject offering represents an ideal opportunity for a 1031 Exchange buyer. This investment will offer a new owner continued success due to the financial strength and the proven profitability of the tenant, one of the nation’s top dollar stores.
Investment Highlights
- NN lease structure/Minimal landlord Responsibility and providing a low-maintenance investment opportunity for the buyer
- 9,100 SF Building
- Rent Increases by 10% in 2024
- A Build-To-Suit property for Dollar General, it was built brand new in 2014
- 50 Miles East of Downtown Atlanta (6.1+ Million Residents)
- The Average household income within a 3-mile radius exceeds $67,000
- The population within a 5-mile radius exceeds 60,000, providing a strong customer base for the store
- Care & Maintenance $350/Month