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Discount

Dollar General

7715 Rutledge Pike, Rutledge, TN 37861

Listing Price: $1,835,073

Cap Rate
5.50%
Tenant Name
DG Retail, LLC
Years Remaining On Lease
13.1
Guarantor
Corporate Guarantee
Rentable SF
10,566
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$9.55

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.

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

Exclusively Listed By

Broker of Record

  • Jody McKibben

    First Vice President/Regional Manager

    (615) 997-2800

    License(s) TN: 307629

    Tennessee

Discount

Dollar General

Listing Price: $1,835,073

Cap Rate
5.50%
Tenant Name
DG Retail, LLC
Years Remaining On Lease
13.1
Guarantor
Corporate Guarantee
Rentable SF
10,566
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$9.55

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.

Exclusively Listed By

Broker of Record

  • Jody McKibben

    First Vice President/Regional Manager

    (615) 997-2800

    License(s): TN: 307629

    Tennessee

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