DOLLAR GENERAL FOR SALE LAKELAND, GA *Actual Location Not Shown* PROPERTY HIGHLIGHTS Brand New 10 Year Net Lease With 10% Rent Increase in Year 6 Store Relocation Of Existing High Sales Store Site Has Great Visibility and Access Upgraded Construction All Block / Brick On Four Sides Dollar General Corporate Guaranteed Lease Minutes From Downtown Valdosta, Okefenokee National Park, and Moody AFB Demographics: 3-MILE 5-MILE 7-MILE Population: Median Income: Average Income: 3,783 4,945 8,430 $30,513 $32,579 $35,012 $39,270 $40,446 $41,978 CONTACT INFORMATION Bill Weitzenkorn, CCIM Tri-Oak Commercial Group W (678) 880-3270 F (678) 807-1927 www.tri-oak.com bweitz@tri-oak.com
*Actual location not shown DOLLAR GENERAL NET LEASE 60 West Main Street - Lakeland, GA 31635 Building Size: Land Size: Parking: Area Tenants: 9,120 Square Feet Approx. 1.08 Acres (47,310 Square Feet) Adequate McDonald s, Farmers & Merchants Bank, Movie Gallery, Burger Shack, Hardees, Subway Annual Rent: Initial Rent Commencement: $76,000.00 ($8.33 per building SF) October 15, 2011 (estimated) Tenant Responsibility: RE Taxes, Insurance, Utilities, HVAC Maintenance, Parking Lot Maintenance (Non-Capital Expenditures) Initial Lease Expiration: October 31, 2021 Lessor Responsibility: Roof, Structure, and Capital Improvements to Parking Lot Initial Lease Term: Renewal Options: Rent Increases: Demographics: Population: Median Income: Average Income: 10-Year Net/Net Four (4) / 5 Year Renewal 10% in Year 6 and 10% in Option Periods 3-MILE 5-MILE 7-MILE 3,783 4,945 8,430 $30,513 $32,579 $35,012 $39,270 $40,446 $41,978 Lease Guarantor: Dollar General Corporation NYSE : DG CONTACT INFORMATION Bill Weitzenkorn, CCIM Tri-Oak Consulting Group W (800) 385-6421 ext 2 F (800) 418-6426 www.tri-oak.com bweitz@tri-oak.com
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Source: Yahoo Finance Date: 2.7.11