Dollar General Plus 1419 Feagin Mill Rd Local commercial 988 m² À vendre Warner Robins, GA 31088 2 202 632 € (2 228,28 €/m²) Taux de capitalisation 6,35 %

Fortis Net Lease is pleased to present this 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 ever 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 currently completing construction with rent and opening on track for a mid-June 2025.
This Dollar General is highly visible as it is strategically positioned on the hard signalized corner of Feagin Mill Rd (9,260 cars per day) and Lake Joy Road (16,900 cars per day). The five mile population from the site is 97,481 and the one mile average household income is $113,133 per year, making this location ideal for a Dollar General. This area is seeing great growth with the 5 mile population growth rate at 9.06% in addition to the consumer spending being $1.2 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 6.35% cap rate based on NOI of $161,640.