13727 US Hwy 301
Glennville, GA 30427
Dollar General | New Construction Store · Retail Property For Sale

NEW CONSTRUCTION STORE Brand New 7,500 SF Build to Suit Dollar General located on Georgia Highway 301 (5,910 VPD) in Glennville, GA. Glennville is well located a little over an hour away from Coastal Georgia that includes Savannah, Hilton Head and the Golden Isles (St. Simons, Jekyll Island, Sea Island). This store is scheduled for delivery late October 2018. SAVANNAH Glennville is located approximately 63 miles West of Savannah, GA, Georgia's fifth-largest city, and third-largest metropolitan area. The oldest city in Georgia, Savannah has grown into a thriving Atlantic seaport, technology corridor, and popular tourist destination. Tourism in Savannah increased to 14.1 million visitors and contributed $2.9 billion to the surrounding economy in 2017. Suburbs within the MSA are experiencing a residential and retail boom: a 2018 study identified Savannah as the fastest-growing MSA in Georgia, with a population growth of 11.7% in the last decade. Savannah is the fastest-growing port in the U.S. In fiscal 2018 it moved over 4.2 million in container traffic. Taking advantage of the vital rail corridor that runs through Southern Georgia and links the port to the nation, the Georgia Port Authority and U.S. Department of Transportation have recently broken ground on the Mason Mega Rail project, a $127 million endeavor that will double Savannah’s annual rail capacity to 1 million containers by 2020. GOLDEN ISLES Glennville is located approximately 70 miles Northwest of the island communities in Coastal Georgia known as the "Golden Isles” of St. Simons Island, Sea Island, Jekyll Island, Little St. Simons Island and the Brunswick metropolitan area. Tourism to the area draws 2.0 million tourists per year with over $1.4 spent billion in the area annually. In 2018, the Isles were named the #2 island destination in the continental U.S. by Travel+Leisure magazine. The Brunswick metropolitan area comprises Glynn, Brantley, and McIntosh Counties and has an estimated population of 118,119. Brunswick is also home to the Federal Law Enforcement Training Center, where over 91 Federal law enforcement agencies come to receive training. The Port of Brunswick is one of the most active deep-water ports on the East Coast and is a leading port for automobile imports. The port doubled capacity in 2017 to 600,000 vehicles and is outlaying $152 million in upgrades over the next decade to support 1.4 million/year. Brunswick is also home to the Coastal College of Georgia (3,500+ Students). LONG-TERM CORPORATE NNN LEASE The subject property has a brand new 15-year Corporate Guaranteed Lease with Dollar General. The Tenant is 100% responsible for all expenses, including roof, structure, taxes, insurance and common area maintenance. There are 10 percent rent increases in each of the four, 5-year option periods. INVESTMENT GRADE TENANT Dollar General is a publicly traded (NYSE: DG) Fortune 500 company that operates over 15,000 locations nationwide with a net worth of over four billion. Dollar General is opening 900 locations this year and currently holds an investment grade credit rating of BBB-/Stable with S&P.