995 Winterville Rd
Athens, GA 30605
Family Dollar · Retail Property For Sale

STRONG CORPORATE GUARANTEE Prior to its $9.2 billion merger with Dollar Tree (NASDAQ: DLTR) in July 2015, Family Dollar Stores, Inc. was the second largest dollar store chain in the United States with approximately 8,200 stores and TTM revenues of $10.7 billion. Post-merger, the combined company has a net worth of $4.40 billion, produces annual revenues in excess of $18.4 billion, and operates more than 13,800 stores making it the largest discount retailer in North America. Family Dollar' s lease at this property carries a corporate guarantee from Dollar Tree, Inc. (S&P:BB+) LONG TERM ABSOLUTE NNN LEASE WITH INCREASES New 15-year lease with six 5-year renewal options and no landlord responsibilities will commence in November 2017. There is a 5% rent increases in year 11 of the initial lease term and in each of the 6, 5-Year options. NEW CONSTRUCTION STORE The new 8,247 SF build to suit Family Dollar is currently under construction with a delivery date of November 2017 HIGH POPULATION AREA The 2016 5-mile population of this property is 96,869 NEAR UNIVERSITY OF GEORGIA & DOWNTOWN ATHENS The property enjoys great frontage and visibility on Winterville Rd with easy access to both US 78 and US 441 (Combined Traffic Count: 52,000 VPD). This location is well located near both the University of Georgia (46,000+ Students and faculty) and Downtown Athens. Other nearby attractions include the Athens Ben-Epps Airport and numerous national retailers and government buildings. ATLANTA MSA Athens is located 70 miles East of Atlanta in the northeastern part of the state. Athens is the 6th largest city in Georgia and the principal city of the Athens-Clarke County, GA MSA has a population of 192,541. The University of Georgia, the state's flagship public research university, is located in this college town, and contributed to its initial growth. This college town has been ranked by Forbes as one of "The Best Places to Retire in 2015" and is ranked as one of the best college towns. Known for legendary music artists, great food and an eclectic college town, Athens is quickly becoming famous for being one of the healthiest economies in Georgia.