NN Leased Dollar General Rome, GA - 1816 Dean Ave SE, Rome, GA 30161

. SVN is pleased to offer for sale a NN leased Dollar General investment in a non-rural location. Rome is the largest city and the county seat of Floyd County, Georgia, located 70 miles northwest of Atlanta. Rome’s city population of 36,000+ increased by 3% between the 2000 and 2010 census. The corporately guaranteed Dollar General lease for the 8,400 square foot store on 0.40 acres began in 1999 with a 5 year term. Lease renewals occurred regularly with the 5 year renewal in 2018 effective June 1, 2019 through May 31, 2024. Two 5-year renewal options with 10% rent increases remain. The current rent of $8.63 SF is below market and expenses are stable. The 36,000+ city population, 15,400+ daily traffic count and below market rent reduce vacancy risk. Rome has a diversified economy. Education, manufacturing, tourism, healthcare and technology are substantial factors for the city. About 19% of the residents over the age of 25 have a bachelor's degree or better. The cost of living index in 2008 was 81.1 which is low when compared to the nation's average of 100.