Discount
Dollar General
7715 Rutledge Pike, Rutledge, TN 37861
Listing Price: $1,835,073
Investment Overview
Marcus & Millichap is pleased to present the exclusive net-lease offering for a Dollar General located at 7715 Rutledge Pike in Rutledge, Tennessee. The site consists of roughly 10,566 rentable square feet of building space on estimated 2.4-acre parcel of land. This Dollar General is subject to a 15-year absolute triple-net (NNN) lease, which has over 13 years of primary term remaining. The current annual rent is $100,929 and will increase by ten percent (10%) in each of the five (5), five (5)-year renewal options.
Listing Price: $1,835,073
Investment Highlights
- Long-Term, Original 15-Year Absolute Triple Net (NNN) Lease | 13+ Years of Term Remaining
- Ten Percent (10%) Rental Increases Occurring in Each Renewal Option | Five (5), Five (5)-Year Tenant Renewal Options
- Corporate Tenant | Corporate Guaranty
Investment Overview
Marcus & Millichap is pleased to present the exclusive net-lease offering for a Dollar General located at 7715 Rutledge Pike in Rutledge, Tennessee. The site consists of roughly 10,566 rentable square feet of building space on estimated 2.4-acre parcel of land. This Dollar General is subject to a 15-year absolute triple-net (NNN) lease, which has over 13 years of primary term remaining. The current annual rent is $100,929 and will increase by ten percent (10%) in each of the five (5), five (5)-year renewal options.
