CBRE, on behalf of ownership, is pleased to exclusively offer the fee simple interest in a Dollar General located in Midway, GA. The 12,480 square foot property sits on 1.45 acres. The property is subject to a double net lease with over five years of firm term remaining. The lease is corporately guaranteed by Dollar General which boasts an investment grade credit rating of ‘BBB’ by Standard & Poors. The tenant recently completed a five year lease extension showing commitment to the site. There is a 5% rent increase in 2025 and in the first option. The remaining options all feature 10% rent increases.
The subject property is positioned near the intersection of Butler Ave and E Oglethorpe Highway which sees roughly 10,600 vehicles per day. Retailers nearby include O’Reilly Auto Parts, Family Dollar, USPS, Midway IGA Foodliner and more. Live Oak Villas, a 60 unit apartment complex, is located less than one-half mile from the subject property. There are approximately 8,700 people residing within five miles of the subject property.