4326 US Hwy 27
Summerville, GA 30747
Dollar General · Retail Property For Sale

NEW CONSTRUCTION Brand New 9,100 SF Build to Suit Dollar General in Summerville (Chattanooga MSA), GA. Scheduled delivery July 2017 SUPERIOR LOCATION This Dollar General is well located off US Hwy 27 (11,100 VPD) near Downtown Summerville. Surrounding national retailers include: Tractor Supply, Ingles, Save a Lot, McDonald' s, CVS, Burger King, Advance Auto Parts and many more. Summerville is the county seat of Chattooga County, GA. CHATTANOOGA MSA Summerville is located 50 miles South of Chattanooga and is part of the Chattanooga, TN-GA MSA. Chattanooga, the fourth largest city in Tennessee, is known as the Scenic City; its location along the Tennessee River at the foothills of the Appalachian mountains. The city's investment in the first Gig Internet, providing a 100% fiber network linking every home and business in a 600-square-mile area, has enhanced the economy, bringing both start-ups and major corporations to the area, including Amazon.com, Chase headquarters, and the expansion of Volkswagon's Chattanooga plant. Chattanooga is also home to the University of Tennessee with more than 11,500 enrolled. INVESTMENT GRADE TENANT Dollar General is publicly traded (NYSE: DG) and operates over 13,000 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. LONG TERM CORPORATE ABSOLUTE 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. RENT INCREASES There are 10 percent rent increases in each of the five, 5-year option periods.