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32341445
32341447

1416 Leverette Road, Warner Robins, GA 31088

BB
MI 6501319610
Fortis Net Lease
Listed by Fortis Net Lease
$2,476,208
37 days on market
Updated 1 day ago

Dollar General Plus in GA

Details
Property Type Retail
Sub Type Dollar, General (+1)
Square Footage 10,640
Cap Rate 6.25%
NOI $154,763
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar General, Dollar Tree (+2)
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 07/31/2041
Remaining Term 15.1
Rent Bumps Yes
Lease Options Five (5 Year)
Price per SqFt $233
Broker Co-Op True
Year Built 2026
Buildings 1
Stories 1
Acreage 2.030
Zoning Commercial
Parking Spaces 30 spaces
Parking Per SqFt 2.82
Investment Type Net Lease
Tenant Credit Credit Rated, Corporate Guarantee
Lease Commencement 07/20/2026
Ground Lease No
Ownership Fee Simple

Retail | 6.25% CAP | 10,640 SqFt

Marketing description

Fortis Net Lease is pleased to present this brand new 10,640 SF. Dollar General PLUS store located in Warner Robins, Georgia. The property is secured with a 15 year, Absolute NNN Lease, leaving zero landlord responsibilities. The lease contains 5% rental rate increases every 5 years including at each of the 5 (5 year) options to renew. The lease is corporately guaranteed by Dollar General Corporation which holds a credit rating of "BBB", which is classified as Investment Grade. The store is under construction with rent and opening on track for a July 2026.

This Dollar General is highly visible as it is strategically positioned off the hard signalized corner of Leverette Road (seeing 6,029 cars per day) and Houston Lake Road (seeing 29,700 cars per day). The five mile population from the site is 124,214 and the one mile average household income is $82,853 per year, making this location ideal for a Dollar General. This area is seeing great growth with the 5 mile population growth rate at 5.82% in addition to the consumer spending being $1.4 Billion! The Subject offering represents an ideal opportunity for a 1031 exchange buyer or a "passive" investor to attain the fee simple ownership of a Dollar General. This investment will offer a new owner continued success due to the financial strength and the proven profitability of the tenant, the nation's top dollar store. List price reflects a 6.25% cap rate based on NOI of $154,763.

Investment highlights

  • 15 Year Absolute NNN Lease
  • Zero Landlord Responsibilities
  • 5% Rental Rate Increases Every 5 Years
  • 2026 BTS | Plus Size Construction
  • Five (5 Year) Options | 5% Rental Increase At Each Option
  • One Mile Household Income $82,853
  • Five Mile Population 124,214 | 5.82% Expected Growth
  • Signalized Corner Location | 35,729 Cars Per Day at Intersection
  • Investment Grade Dollar Store with "BBB" Credit Rating
  • 5 Mile Consumer Spending is $1.4 Billion!

Listing Contacts

BB
MI 6501319610
Fortis Net Lease
Listed by Fortis Net Lease

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$154,763.00
$12,896.92/mo

Valuation Metrics

0
DSCR
6.25%
Cap Rate
6.25%
ROI

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Additional Information

Name
Brian Brockman
License
Bang Realty
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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