Dollar Tree

Athens, Georgia—often referred to as the “Classic City”—is a vibrant college town located about 70 miles northeast of Atlanta. Established in the early 1800s, Athens was named after the ancient Greek city to reflect its dedication to learning, anchored by the founding of the University of Georgia in 1785, the nation's first state-chartered university. In 1990, Athens and Clarke County unified their governments, forming Athens-Clarke County, the smallest county by area in Georgia. As of the 2020 U.S. Census, the population stood at 127,315, with a median age of 29.3 years, reflecting the city's youthful and dynamic character. Athens boasts a rich cultural scene, renowned for its influential music history, being the birthplace of bands like R.E.M. and the B-52s. The city features iconic venues such as the 40 Watt Club and Georgia Theatre, which continue to host a variety of performances. Beyond music, Athens offers a diverse culinary landscape, from soul food at Weaver D's to contemporary dining experiences. The local economy is heavily influenced by the University of Georgia, employing approximately 14,000 individuals and contributing significantly to the region's economic vitality. With its blend of historic charm, educational prominence, and cultural vibrancy, Athens stands out as a quintessential Southern college town.Fortis Net Lease is pleased to present this 10,000 SF Dollar Tree Store store located in Albany, Georgia. The property is encumbered with a ten (10) year double net lease, leaving minimal landlord responsibilities. The lease includes 4-Five year options with $0.50 PSF rent increases every 5 years. The lease is corporately guaranteed by Dollar Tree Corporation which holds a credit rating of “BBB” which is classified as investment grade. This Dollar Tree is adjacent to a high volume ($30M) Walmart Neighborhood Market that recently completed renovation . It is also near Albany State University which has more than 6,500 student enrollment. Average Daily Traffic on Gillonville Rd. is 16,000 VPD while Westover Blvd. traffic measures 19k VPD. The three-mile population is in excess of 34,000+ with the three-mile average household income of more than $73,000. This investment offers a BBB rated tenant with financial strength and proven profitability