Skip to main content

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.

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

  • Jody McKibben

    First Vice President/Regional Manager

    (615) 997-2800

    License(s) TN: 307629

    Tennessee

Financing By

Drug Store

Dollar General Market | New 15-Yr. NNN Lease

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

  • Jody McKibben

    First Vice President/Regional Manager

    (615) 997-2800

    License(s): TN: 307629

    Tennessee

Financing By

MM Texture Background
MM Textured Background Lower