AQRE Advisors is pleased to present for sale the subject property located at 5830 Columbia Rd Grovetown, GA (“Property”). The 9,100SF single-tenant building is situated on 1.09 acres of land and is 100% occupied by Dollar General (“Tenant”). The Tenant has long term operating history of 13+ years at this location and extended their lease early through 2028 leaving 4 (5) year options still available. The subject Property provides a potential investor the opportunity to acquire an investment grade tenant with upcoming rental escalations in 2024 that will also continue into the option periods.
- Corporate Guarantee | NYSE: DG
- Investment Grade Tenant – Dollar General has a credit rating of BBB (S&P) and is considered an essential retailer with a market cap of approximately $51.34B.
- NNN lease structure with minimal landlord responsibility – Landlord is responsible for Roof & Structure.
- Approximately 450 ft of frontage on Columbia Rd. which see an average of 23,800 vehicles per day.