New Dollar General Plus With Rent Bumps

Highlights:

• 15 Year Absolute NNN Lease
• Zero Landlord Responsibilities
• 5% Rental Rate Increases Every 5 Years
• 2026 BTS | Plus Size Construction
• Five (5 Year) Options | 5% Rental Increase At Each Option
• One Mile Household Income $82,853
• Five Mile Population 124,214 | 5.82% Expected Growth
• Signalized Corner Location | 35,729 Cars Per Day at Intersection
• Investment Grade Dollar Store with "BBB" Credit Rating
• 5 Mile Consumer Spending is $1.4 Billion!

Description:

Fortis Net Lease is pleased to present this brand new 10,640 SF. Dollar General PLUS store located in Warner Robbins, Georgia. The property is secured with a 15 year, Absolute NNN Lease, leaving zero landlord responsibilities. The lease contains 5% rental rate increases every 5 years including at each of the 5 (5 year) options to renew. The lease is corporately guaranteed by Dollar General Corporation which holds a credit rating of “BBB”, which is classified as Investment Grade. The store is under construction with rent and opening on track for a July 2026.

This Dollar General is highly visible as it is strategically positioned off the hard signalized corner of Leverette Road (seeing 6,029 cars per day) and Houston Lake Road (seeing 29,700 cars per day). The five mile population from the site is 124,214 and the one mile average household income is $82,853 per year, making this location ideal for a Dollar General. This area is seeing great growth with the 5 mile population growth rate at 5.82% in addition to the consumer spending being $1.4 Billion! The Subject offering represents an ideal opportunity for a 1031 exchange buyer or a “passive” investor to attain the fee simple ownership of a 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 6.25% cap rate based on NOI of $154,763.

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