Waycross, GA - Dollar General

Description:

• The tenant just signed a brand new 15-year lease with 5 (5-year) options to extend, demonstrating their commitment to the site
• The lease features 5% rental increases every 5 years during the initial term and at the beginning of each option, growing NOI and hedging against inflation
• The lease is corporate guaranteed by Dollar General, Corp., an investment grade (S&P: BBB), nationally recognized, and an established discount store with more than 20,523 locations in 47 states

• The asset is located along Brunswick Hwy which averages 9,500 vehicles passing by daily
• With extremely limited nearby competition, the subject property offers an immediate discount store option for highway travelers and locals alike
• The site is currently under construction and will feature a brand new state-of-the-art design with high-quality materials
• The asset has excellent visibility via significant street frontage and a large pylon sign