Dollar General

7188 New Jesup Highway - Brunswick GA 31523

LTV (Loan to Value)	65.00%	Current NOI	$98,186.00
Interest Rate	4.250%	Capital Rate	6.250%
Fixed Term	10 Years	Land Area	1.34 Acre
Amortization	25 Years	Lease Type	NNN
Loan Amount	$1,021,150.00	Property Type	Retail
Payment	$5,531.96	Property Lease	Discount Store
Bulding Size	9,100 SF	Remaining Terms	15 Years

Location Description

NNN Lenders is pleased to offer for sale to qualified investors, a brand new retail property which is 100% leased to Dollar General located in Brunswick, Georgia. Dollar General is operating under a fifteen (15) year, absolute NNN lease featuring four (4), five (5) year renewal options and 10% rent increases in each option. The subject Property is located at a signalized intersection off New Jesup Highway (13,836 VPD), less than 4 miles from Interstate 95. Average Household Incomes exceed $63,000 within a one-mile radius of the subject property. Nearby retailers include Tractor Supply Co., WinnDixie, Starbucks, McDonald's and many others.

Highlights

New Long Term Lease & Renewal Options - Brand new fifteen (15) year lease with four (4), five (5) year…

Property Description

Brunswick is a city in and the county seat of Glynn County, Georgia. The major urban and economic center of the state's lower southeast, it is also the second-largest urban area on Georgia's coast, after Savannah, and it contains the Brunswick Old Town Historic District. Tourism is the single largest industry in the city and the county. Brunswick and the Golden Isles are a year-round resort community. The islands' beaches, resorts, shops, and historic sites annually attract visitors from around the world. President George W. Bush hosted the G8 summit in 2004 on Sea Island.