3901 Charlie Smith Sr Hwy Saint Marys, GA 31558

This 9,100 square foot Dollar General store is located in St Mary's, Georgia. The property is subject to an absolute NNN lease with fifteen years remaining, leaving zero landlord responsibilities. The lease includes five, five-year options to renew, each with a 10% rental rate increase. The lease is corporately guaranteed by Dollar General Corporation, which holds a credit rating of “BBB”. The store is currently open, with rent having commenced in March 2020. The Dollar General is positioned on the corner of Charlie Smith Hwy and Winding Rd, which sees 12,015 cars per day. The ten-mile population from the site is 53,233, while the three-mile average household income is $82,545 per year. The one-mile population growth rate is at 1.8%. The property is located on a hard signalized corner and a main thoroughfare with low competition in over 5 miles. Dollar General has reported 31 consecutive quarters of same store sales growth. St. Marys, Georgia, is located near the Florida border and features a picturesque waterfront and a historic district. Outdoor enthusiasts can enjoy activities like kayaking, fishing, and birdwatching along the scenic St. Marys River and its surrounding marshes. The community thrives on its annual festivals, such as the St. Marys Seafood Festival.