Dollar General
Single-Tenant Offerings
Dollar General
302 Arnow Court
St. Marys, GA
- Price:
- $1,870,000
- Cap Rate:
- 6.35%
- NOI:
- $118,740
- Rentable SQFT:
- 10,640 SF
- Year Built:
- 2023
- Lot Size:
- 2.01 +/- Acres
- Lease Type:
- Absolute NNN
- Status:
- Under Contract
Investment Highlights
- 15-Year Absolute NNN Lease, Upgraded Wood Siding and Brick Construction
- 10% Increases Every 5 Years Beginning in Each Option Period
- Investment Grade Credit Tenant, Rated ‘BBB’ by S&P
- Dollar General is the Nation’s Largest Retailer with 19,000+ Stores
- Classified Nationally as an Essential Retailer for Daily Shopping Needs
- Brand New Upgraded Construction with Wood Siding, Brick and White Trim, Accent Window Shutters and Awnings
- Serving Over 43,000 Residents in Growing Trade Area
- Average Household Income Exceeds $75,000 within 3 and 5 Miles
- Just Off I-95 with Over 51,800 Cars/Day, the Main North/South Highway on the East Coast
- Hard Corner Location at Busy Signalized Intersection
- Close Proximity to Kings Bay Naval Base with a Population of 15,000+
- Down the Street from St. Marys Commerce Park, a 220-Acre Class-A Industrial Park Development
- Minutes to Cumberland Inlet, a $500 Million Mixed-Use Waterfront Development on 1,298 Acres with a 160-Slip Marina, a Town Center with Retail, Hotels, and Residential
- Strong Daytime Population, Over 12,000 Employees in Primary Trade Area
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