DG – Pine Mountain Valley, GA

$1,285,894
Price
$85,512
Noi
6.65%
Cap Rate
9,100
Leasable Area
2018
Year Built

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OFFERING MEMORANDUM

Fortis Net Lease is pleased to present this 9,100 SF Dollar General store located in
Pine Mountain Valley, GA. The property is encumbered with a Fifteen (15) Year Absolute
NNN Lease, leaving zero landlord responsibilities. The lease contains Four (5)
Yr. Options to renew, each with a 10% rental rate increase. The lease is corporately
guaranteed by Dollar General Corporation which holds a credit rating of “BBB”,
which is classified as Investment Grade. The rent is anticipated to commence on
3/15/2018.
This Dollar General will be highly visible as it is strategically positioned on State Route
116, in Pine Mountain Valley, GA. The ten mile population from the site exceeds
14,000, while the three mile median household income exceeds $57,000 per year,
making this location ideal for a Dollar General. The Subject offering represents an
ideal opportunity for a 1031 exchange buyer or a “passive” investor to attain the
fee simple ownership of a brand new Dollar General. This investment will offer a
new owner continued success due to the financial strength and the proven profitability
of the tenant, the nation’s top dollar store. List price reflects a 6.65% cap rate
based on NOI of $85,512.

Brand New Absolute NNN Lease
• Zero Landlord Responsibilities
• 15 Year Term | Four (5 Year) Options
• Corner Location with Two Egress
• Three Mile Household Income $57,102
• Ten Mile Population Exceeds 14,000
• Only Investment Grade Dollar Store