nnn investment opportunity dollar general · offering summary sale price $1,515,876 cap rate 6.5%...

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NNN INVESTMENT OPPORTUNITY DOLLAR GENERAL 8720 HIGHWAY 87 JULIETTE, GA 31046 James Parsons Associate Advisor 850.877.6000 [email protected] Representative Image

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Page 1: NNN INVESTMENT OPPORTUNITY DOLLAR GENERAL · OFFERING SUMMARY SALE PRICE $1,515,876 CAP RATE 6.5% NOI $98,532 BUILDING SIZE 9,100 SF LEASE TYPE NNN Offered for sale as an investment

NNN INVESTMENTOPPORTUNITYDOLLAR GENERAL8720 HIGHWAY 87JULIETTE, GA 31046

James ParsonsAssociate [email protected]

Representative Image

Page 2: NNN INVESTMENT OPPORTUNITY DOLLAR GENERAL · OFFERING SUMMARY SALE PRICE $1,515,876 CAP RATE 6.5% NOI $98,532 BUILDING SIZE 9,100 SF LEASE TYPE NNN Offered for sale as an investment

OFFERING SUMMARYSALE PRICE $1,515,876

CAP RATE 6.5%

NOI $98,532

BUILDING SIZE 9,100 SF

LEASE TYPE NNN

Offered for sale as an investment opportunity, is this BRAND NEW just constructed DOLLARGENERAL. The property is scheduled for a mid AUGUST 2018 delivery date. The current leaseterm is for 15 years [NNN] with 4 FIVE YEAR OPTIONS. Options have 10% increases.

The construction on this 9100 SF building is upgraded brick style.

PROPERTY OVERVIEW

This investment opportunity is located in Juliette, GA at the intersection of US HWY 18 & US HWY23 (87), recently upgraded by the state of Georgia to a modern roundabout. The site is adjacentto Exxon and the Rum Creek Convenience Center - on the direct route to Lake Juliette, a popularfishing destination.Juliette is a city within Monroe County Georgia - which has a population of 27,113 and is thelargest county in Georgia covering over 398 Square miles. Juliette, GA is the home of The WhistleStop Cafe - and has been a tourist destination since the 1990's due to the popularity of the film"Fried Green Tomatoes" which was filmed in Juliette.

LOCATION OVERVIEW

INVESTMENT SUMMARY

DOLLAR GENERAL - JULIETTE, GA | 8720 HIGHWAY 87 JULIETTE, GA 31046 SVN | SouthLand CommercialAll SVN® offices are independently owned and operated.

Page 3: NNN INVESTMENT OPPORTUNITY DOLLAR GENERAL · OFFERING SUMMARY SALE PRICE $1,515,876 CAP RATE 6.5% NOI $98,532 BUILDING SIZE 9,100 SF LEASE TYPE NNN Offered for sale as an investment

DOLLAR GENERAL CORPORATE"With 14,000 stores across the country, Dollar General's profits aretwice that of Macy’s Inc. Dollar General, valued at $22B, has a largermarket share than Kroger Co., which operates on five times therevenue. " - Bisnow National

Dollar General operates 14,761 stores in 44 states as of May 4, 2018and has been delivering value to shoppers for over 75 years. DollarGeneral helps shoppers Save time. Save money. Every day!® byoffering products that are frequently used and replenished, such asfood, snacks, health and beauty aids, cleaning supplies, basicapparel, housewares and seasonal items at low everyday prices inconvenient neighborhood locations.

• NYSE as DG

• Gross Income for 2017 was $6.78 Billion

• Sales in 2017 $21.99 Billion

• Plans for 900 New Stores in 2018

• Currently operating 14,761 Stores in 44 States

• 75 Years of successful operation

DOLLAR GENERAL - JULIETTE, GA | 8720 HIGHWAY 87 JULIETTE, GA 31046 SVN | SouthLand CommercialAll SVN® offices are independently owned and operated.

DG TENANT OVERVIEW

Page 4: NNN INVESTMENT OPPORTUNITY DOLLAR GENERAL · OFFERING SUMMARY SALE PRICE $1,515,876 CAP RATE 6.5% NOI $98,532 BUILDING SIZE 9,100 SF LEASE TYPE NNN Offered for sale as an investment

DOLLAR GENERAL - JULIETTE, GA | 8720 HIGHWAY 87 JULIETTE, GA 31046 SVN | SouthLand CommercialAll SVN® offices are independently owned and operated.

9100 SQUARE FEET CORNER LOT WITH INGRESS/EGRESS ON BOTH MAJOR HIGHWAYS

SITE PLAN

Page 5: NNN INVESTMENT OPPORTUNITY DOLLAR GENERAL · OFFERING SUMMARY SALE PRICE $1,515,876 CAP RATE 6.5% NOI $98,532 BUILDING SIZE 9,100 SF LEASE TYPE NNN Offered for sale as an investment

DOLLAR GENERAL - JULIETTE, GA | 8720 HIGHWAY 87 JULIETTE, GA 31046 SVN | SouthLand CommercialAll SVN® offices are independently owned and operated.

REGIONAL MAP

Page 6: NNN INVESTMENT OPPORTUNITY DOLLAR GENERAL · OFFERING SUMMARY SALE PRICE $1,515,876 CAP RATE 6.5% NOI $98,532 BUILDING SIZE 9,100 SF LEASE TYPE NNN Offered for sale as an investment

JULIETTE, GALocated in central Georgia, Juliette was a bustling railroad community inthe late 1800s and home to large cotton and grist mills. With the declineof the railroad age and the cotton industry, Juliette became a sleepycrossroads community. In the early 1990s, the town found itself thrustunexpectedly into the spotlight after being featured in the major motionpicture "Fried Green Tomatoes." Fans of the film began coming to Julietteto see the tiny town that served as a movie set.-USA Today

MONROE COUNTY GEORGIA has a population of 27,113 and is the largestcounty in Georgia covering over 398 Square miles. The median income inMonroe County is $50,625. Major roadways in the area include Interstate15, Interstate 475, US 23, US 41, US 341 a well as State Roads7,18,19,42,74,83 and 87.

DOLLAR GENERAL - JULIETTE, GA | 8720 HIGHWAY 87 JULIETTE, GA 31046 SVN | SouthLand CommercialAll SVN® offices are independently owned and operated.

CITY OVERVIEW | JULIETTE, GA

Page 7: NNN INVESTMENT OPPORTUNITY DOLLAR GENERAL · OFFERING SUMMARY SALE PRICE $1,515,876 CAP RATE 6.5% NOI $98,532 BUILDING SIZE 9,100 SF LEASE TYPE NNN Offered for sale as an investment

DOLLAR GENERAL - JULIETTE, GA | 8720 HIGHWAY 87 JULIETTE, GA 31046 SVN | SouthLand CommercialAll SVN® offices are independently owned and operated.

POPULATION 3 MILES 5 MILES 10 MILES

Total population 1,711 4,487 35,054

Median age 38.4 38.8 38.7

Median age (male) 39.5 39.5 38.2

Median age (Female) 37.4 38.1 39.2

HOUSEHOLDS & INCOME 3 MILES 5 MILES 10 MILES

Total households 621 1,634 13,375

# of persons per HH 2.8 2.7 2.6

Average HH income $75,093 $75,824 $82,827

Average house value $136,431 $135,908 $220,136

* Demographic data derived from 2010 US Census

DEMOGRAPHIC DATA

Page 8: NNN INVESTMENT OPPORTUNITY DOLLAR GENERAL · OFFERING SUMMARY SALE PRICE $1,515,876 CAP RATE 6.5% NOI $98,532 BUILDING SIZE 9,100 SF LEASE TYPE NNN Offered for sale as an investment

DOLLAR GENERAL - JULIETTE, GA | 8720 HIGHWAY 87 JULIETTE, GA 31046 SVN | SouthLand CommercialAll SVN® offices are independently owned and operated.

SOLD | FLORIDA SOLD | ALABAMA

SOLD | TEXAS SOLD | GEORGIASOLD | ALABAMA SOLD | GEORGIA

SOLD | GEORGIA SOLD | ALABAMA SOLD | ALABAMASOLD | FLORIDA

RECENT TRANSACTIONS