Drug Store
Dollar General Market | New 15-Yr. NNN Lease
Cosby School Rd, Cosby, TN 37722
Listing Price: $1,816,000
Cap Rate
5.85%
Tenant Name
Dollar General
Years Remaining On Lease
14.9
Guarantor
Corporate Guarantee
Rentable SF
12,687
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$8.37
Investment Overview
Marcus & Millichap is pleased to present the Dollar General in Cosby, TN.
Dollar General Market | New 15-Yr. NNN Lease
Investment Highlights
- 15-Year Absolute NNN Lease, No Landlord Responsibilities
- Relocation of High-Performing Store Directly Across the Street, Proven Concept in the Trade Area
- Upgraded Market Store, Larger Format with Expanded Produce/Grocery Offerings
- 10% Increases Every 5 Years Beginning in Each Option Period
- Investment Grade Credit Tenant (Rated 'BBB' by S&P), Ranked #91 on Fortune 100
- Dollar General is the Largest Retailer in the U.S. with 18,000+ Stores
- Classified Nationally as an Essential Retailer for Daily Shopping Needs
- Brand New 2022 Construction on Oversized Parcel
Exclusively Listed By
Broker of Record
Financing By
Listing Price: $1,816,000
Cap Rate
5.85%
Tenant Name
Dollar General
Years Remaining On Lease
14.9
Guarantor
Corporate Guarantee
Rentable SF
12,687
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$8.37
Investment Highlights
- 15-Year Absolute NNN Lease, No Landlord Responsibilities
- Relocation of High-Performing Store Directly Across the Street, Proven Concept in the Trade Area
- Upgraded Market Store, Larger Format with Expanded Produce/Grocery Offerings
- 10% Increases Every 5 Years Beginning in Each Option Period
- Investment Grade Credit Tenant (Rated 'BBB' by S&P), Ranked #91 on Fortune 100
- Dollar General is the Largest Retailer in the U.S. with 18,000+ Stores
- Classified Nationally as an Essential Retailer for Daily Shopping Needs
- Brand New 2022 Construction on Oversized Parcel
Investment Overview
Marcus & Millichap is pleased to present the Dollar General in Cosby, TN.
Exclusively Listed By
Broker of Record
Financing By
