Property History
SULLIVAN WICKLEY is delighted to present an exclusive opportunity to acquire a newly constructed single tenant Dollar General property in LaFayette, GA. The city of LaFayette, GA, serves as the county seat of Walker County and is located in the heart of Northwest Georgia, surrounded by the scenic ridges and valleys of the Appalachian foothills. Known for its rich history, LaFayette offers a small-town charm while maintaining proximity to Chattanooga, TN, just 30 miles to the north. The city is home to attractions such as the historic Marsh House and the popular Rock City Gardens nearby.
The Dollar General at 12035 GA-136, LaFayette, GA sits along a key corridor connecting LaFayette to surrounding communities, providing convenient access for residents and travelers alike. Situated near residential areas and local businesses, the store benefits from steady foot traffic and serves as a key retail hub for the area.
The store was built in April 2015 (5 years remaining on lease), and the lease terms include 10% rental escalations during each of the five 5-year renewal option periods. This offering presents a true triple-net (NNN) lease structure, alleviating the landlord of any responsibilities.
Dollar General is an investment grade rated company with a Standard & Poor’s rating of BBB and a Moody’s rating of Baa2.
Absolute NNN
Dollar General
Corporate Lease
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