555 E Main St
Statesboro, GA 30461
Dollar General · Retail Property For Sale

The subject offering is a fee simple interest in a 100% absolute net leased Dollar General. The 15 year lease commenced in 2011. Rent increases in year 11 by 3%, Beyond the initial term there are four 5 year renewal options. There are 10% rental increases at each option period. This is an ideal opportunity for a passive investor looking for a long-term stable investment with zero landlord responsibilities. Statesboro is the largest city and county seat of Bulloch County, Georgia, located in Southeast Georgia. A college town, Statesboro is best known as the home of Georgia Southern University, a Carnegie Doctoral-Research University. As of 2015, the Statesboro Micropolitan Statistical Area, which consists of Bulloch County, had an estimated population of 72,651. The City itself had a population of 28,422 in the 2010 census. The City had an estimated 2015 population of 30,721. In 1906, Statesboro and area leaders joined together to bid for and win the First District A&M School, a land grant college that eventually developed as Georgia Southern University in 1990. In 1908 Statesboro sold more cotton bales than did Savannah, Georgia, but the boll weevil infestation of the 1930s required a shift to tobacco as a crop. Statesboro inspired the blues song Statesboro Blues , written by Blind Willie McTell in the 1920s, and covered in a well-known version by The Allman Brothers Band.