Tenant: Dollar General | Georgetown, SC
Premises: 9,026 SF
Renewal Options: 5 x 5 Years
Lease Expiration: 8/24/2033
Lease Type: Absolute NNN
Rental Increases: 10% at Options
Sands Investment Group is Pleased to Exclusively Offer For Sale the 9,026 SF Dollar General Property Located at 510 Church Street in Georgetown, South Carolina.
In Cooperation With Sands Investment Group Charleston, LLC
Lic. #20891 | BoR: Chris Sands – Lic. # 93103
Read Additional Thought Leadership Content From SIG, Specializing in Absolute Triple Net Lease Opportunities
Dollar General Corporation (NYSE: DG) was founded in 1939 and has been delivering value to shoppers for over 80 years. Dollar General helps shoppers Save time. Save money.
Every day!® by offering products that are frequently used and replenished, such as food, snacks, health and beauty aids, cleaning supplies, basic apparel, housewares and seasonal items at low everyday prices in convenient neighborhood locations. In addition to high quality private brands, Dollar General sells products from America’s most-trusted brands such as Clorox, Energizer, Procter & Gamble, Hanes, Coca-Cola, Mars, Unilever, Nestle, Kimberly-Clark, Kellogg’s, General Mills and PepsiCo.
Dollar General operates over 16,500 stores in 46 states as of May 1, 2020. Fiscal year 2019 net sales increased 8.3% to $27.8 billion, compared to $25.6 billion in fiscal year 2018. This net sales increase included positive sales contributions from new stores and growth in same-store sales, modestly offset by the impact of store closures. Same-store sales increased 3.9% compared to fiscal year 2018, driven by increases in both average transaction amount and customer traffic. The Company reported net income of $1.7 billion for fiscal year 2019 compared to $1.6 billion for fiscal year 2018.
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