INVESTMENT OFFERING
SAB Capital is pleased to present Dollar General in Folkston, Georgia, 35 miles Northwest of Jacksonville, Florida. The site was built in 2015 and features an Absolute Triple Net Lease (NNN) that runs through May of 2030, with a corporate guaranty. The subject site exhibits extremely strong performance, drawing over 127,000 visits over the past 12 months, 70% of which are from visitors of five times or more. It ranks in the 96th percentile amongst all Dollar General sites in the United States and outperforms all sites within a 30-mile radius. Folkston is a high growth market, more than doubling in population since the 2010 census.
- Dollar General in Folkston, GA | 35 Miles Northwest of Jacksonville, FL
- Absolute Triple Net Lease (NNN) | Zero Landlord Responsibilities
- Strong Corporate Guaranty on the Lease | S&P: BBB
- Top Performing Store Within 30 Miles | Over 127,000 Visits in the Past 12 Months
- Ranks in the 97th Percentile Amongst All Georgia Dollar General Sites in Terms of Customer Visits | 96th Percentile Amongst All US Locations
- Extremely Strong Customer Loyalty | Over 70% of Visits are From Repeat Customers of at Least 5x
- National Retailers Located Nearby : O’Reilly Auto Parts, Advance Auto Parts, Pizza Hut, Dairy Queen, McDonald’s, Subway and Many Others
| Tenant | Price | Cap Rate | Lease Type | Square Feet | Status |
|---|---|---|---|---|---|
| Dollar General | $1,616,900 | % | Absolute Triple Net | Closed |
