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1907 E GA-136
Lafayette, GA 30728

Dollar General (Chattanooga MSA) · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
9,026 SF
Building Class
B
Year Built
2019
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
4.22 AC
Zoning
C1R3

About 1907 E GA-136 , Lafayette, GA 30728

NEW CONSTRUCTION STORE • Brand New 9,026 SF build-to-suit Dollar General in LaFayette (Chattanooga MSA), GA. • This store is currently under construction and scheduled for delivery in August 2019. CHATTANOOGA MSA • LaFayette, the county seat of Walker County, GA, is located 28 miles south of Chattanooga (whithin the Chattanooga, TN-GA MSA). Chattanooga, the fourth largest city in Tennessee, is known as the Scenic City; its location along the Tennessee River at the foothills of the Appalachian mountains provides stunning natural beauty and extensive outdoor recreational activities for residents and visitors alike. • The city’s investment in the first Gig Internet, providing a 100% fiber network linking every home and business in a 600-square-mile area, has enhanced the economy, bringing both start-ups and major corporations to the area, including Amazon.com, Chase headquarters, and the expansion of Volkswagon’s Chattanooga plant. • Chattanooga is also home to the University of Tennessee with more than 11,500 enrolled, Chattanooga State Community College, with about 11,000 students, Southern Adventist University, Virginia College and Covenant College. THRIVING STATE ECONOMY • According to CNBC and based on more than 60 measures of competitiveness, Georgia has one of the top economic climates in the United States (#7 overall). • Georgia is ranked top 5 nationwide in the workforce, infrastructure and economy categories. • Seventeen Fortune 500 companies are headquartered in Georgia, including: Home Depot; UPS; Coca-Cola; Delta; SunTrust Banks; and Aflac. LONG TERM CORPORATE ABSOLUTE NNN LEASE • Brand new, 15-year corporate guaranteed lease with Dollar General. • Tenant 100% responsible for all expenses, which include taxes, CAM, insurance, roof and structure. • 10% rent increase in each of the five, 5-year option periods. INVESTMENT GRADE TENANT • Dollar General is a publicly traded (NYSE: DG) Fortune 500 company and is BBB investment grade rated. • Currently over 15,500 locations in 44 states with 975 new locations expected to be opened this year. • Dollar General has been in business for 80 years and has a current net worth of over $6.2 billion.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
04972-055
Land Assessment
$17,692
Improvements Assessment
$198,070
Total Assessment
$215,762
  • Listing ID: 16683013

  • Date on Market: 7/22/2019

  • Last Updated:

  • Address: 1907 E GA-136, Lafayette, GA 30728

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