available: nnn dollar general package
Transcription
available: nnn dollar general package
AVAILABLE: NNN DOLLAR GENERAL PACKAGE TWO (2) GEORGIA LOCATIONS *Actual location not shown TOTAL PURCHASE PRICE: $2,010,179 CAP RATE: 7.25% Two (2) New Construction Freestanding Buildings 15 Year NNN Leases In Place With 3% Rent Increases In Year 11 Dollar General Corporate Guaranteed Leases Located On Main Retail Corridors With Excellent Visibility Both Stores In Proximity To Each Other For Ease Of Ownership Approx. 2 Hour Drive From Atlanta, GA Major Employers Include Regional Hospital and Universities Close to Interstate 85 and Interstate 20 Package Will Not Be Divided * The above information has been secured by sources deemed to be reliable, Sullivan Wickley makes no representations or warranties expressed or implied as to the accuracy of the above information. Purchaser 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. 4151 Ashford Dunwoody Road Suite 155 Atlanta, Georgia 30319 www.SullivanWickley.com FOR MORE INFORMATION CONTACT: Bill Weitzenkorn, CCIM (404) 475-9000 ext 13 bill@sullivanwickley.com AVAILABLE: New Construction Dollar General Store ELBERTON, GA ELBERT COUNTY *Actual location not shown PURCHASE PRICE: $1,045,076 CAP RATE: 7.25% PROPERTY HIGHLIGHTS New Construction - Freestanding Dollar General Store New 15 Year NNN Corporate Backed Lease 3% Rent Increase in Lease Year 11 and in Options Located on main retail corridor of town Approx. 70 miles from Downtown Greenville, SC Ample Parking Spaces 1-Mile 3-Mile 5-Mile Total Population: 2,903 8,017 11,174 Total Households: 1,211 3,325 4,518 $25,269 $25,439 $26,386 Median HH Income: * The above information has been secured by sources deemed to be reliable, Sullivan Wickley makes no representations or warranties expressed or implied as to the accuracy of the above information. Purchaser 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. 4151 Ashford Dunwoody Road Suite 155 Atlanta, Georgia 30319 www.SullivanWickley.com FOR MORE INFORMATION CONTACT: Bill Weitzenkorn, CCIM (404) 475-9000 ext 13 bill@sullivanwickley.com Dollar General 206 College Avenue, Elberton, GA 30635 DOLLAR GENERAL — 15 Year / NNN LEASE PURCHASE PRICE: $1,045,076 CAP RATE 7.25% Annual Rent: $75,768.00 ($8.33 per building SF) (9,100 SF building) Initial Rent Commencement: July 1, 2013 Initial Lease Expiration: June 30, 2028 Initial Lease Term: 15-Year Net/Net/Net Renewal Options: Three (3) / 5—Year Renewals Rent Increases: 3% in Lease Year 11 and 10% in Each Option Period (estimated for new construction) Tenant Responsibility: RE Taxes, Insurance, Structure, Roof, HVAC & Parking Lot Maintenance Lessor Responsibility: None Lease Guarantor: Dollar General Corporation NYSE : DG Daily Traffic Counts 8,300+ VPD at Site IT SATELL E BLVD * The above information has been secured by sources deemed to be reliable, Sullivan Wickley makes no representations or warranties expressed or implied as to the accuracy of the above information. Purchaser 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. 4151 Ashford Dunwoody Road Suite 155 Atlanta, Georgia 30319 www.SullivanWickley.com FOR MORE INFORMATION CONTACT: Bill Weitzenkorn, CCIM (404) 475-9000 ext 13 bill@sullivanwickley.com AVAILABLE: New Construction Dollar General Store DEWY ROSE, GA ELBERT COUNTY *Actual location not shown PURCHASE PRICE: $965,103 CAP RATE: 7.25% PROPERTY HIGHLIGHTS New Construction - Freestanding Dollar General Store New 15 Year NNN Corporate Backed Lease 3% Rent Increase in Lease Year 11 and in Options Two (2) access driveways Across from local gas station for additional traffic Approx. 80 miles from Downtown Atlanta, GA Ample Parking Spaces 1-Mile 3-Mile 5-Mile Total Population: 223 1,455 4,979 Total Households: 87 549 1,744 $36,949 $31,023 $31,827 Median HH Income: * The above information has been secured by sources deemed to be reliable, Sullivan Wickley makes no representations or warranties expressed or implied as to the accuracy of the above information. Purchaser 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. 4151 Ashford Dunwoody Road Suite 155 Atlanta, Georgia 30319 www.SullivanWickley.com FOR MORE INFORMATION CONTACT: Bill Weitzenkorn, CCIM (404) 475-9000 ext 13 bill@sullivanwickley.com Dollar General 5933 Cokesbury Highway, Dewy Rose, GA 30634 DOLLAR GENERAL — 15 Year / NNN LEASE PURCHASE PRICE: $965,103 CAP RATE 7.25% Annual Rent: $69,970.00 ($7.69 per building SF) (9,100 SF building) Initial Rent Commencement: July 1, 2013 Initial Lease Expiration: June 30, 2028 Initial Lease Term: 15-Year Net/Net/Net Renewal Options: Three (3) / 5—Year Renewals Rent Increases: 3% in Lease Year 11 and 10% in Each Option Period (estimated for new construction) IT SATELL Tenant Responsibility: RE Taxes, Insurance, Structure, Roof, HVAC & Parking Lot Maintenance Lessor Responsibility: None Lease Guarantor: Dollar General Corporation NYSE : DG Daily Traffic Counts 3,400+ VPD at Site E BLVD * The above information has been secured by sources deemed to be reliable, Sullivan Wickley makes no representations or warranties expressed or implied as to the accuracy of the above information. Purchaser 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. 4151 Ashford Dunwoody Road Suite 155 Atlanta, Georgia 30319 www.SullivanWickley.com FOR MORE INFORMATION CONTACT: Bill Weitzenkorn, CCIM (404) 475-9000 ext 13 bill@sullivanwickley.com