Drug Store
Dollar General | New 15-Yr. NNN Lease
2619 Hilham Hwy, Hilham, TN 38568
Listing Price: $1,550,000
Cap Rate
6.35%
Tenant Name
Dollar General
Years Remaining On Lease
14.9
Guarantor
Corporate Guarantee
Rentable SF
10,640
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$9.25
Investment Overview
Marcus & Millichap is pleased to present the Dollar General in Hilham, TN.
Dollar General | New 15-Yr. NNN Lease
Investment Highlights
- 15-Year Absolute NNN Lease, No Landlord Responsibilities
- 10% Increases Every 5 Years Beginning in Each Option Period
- Investment Grade Credit Tenant, Rated 'BBB' by S&P
- 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 2023 Construction on Oversized Parcel
- Serving Over 23,000 Residents in Overton County
- Centrally Location Between Nashville and Knoxville
Exclusively Listed By
Broker of Record
Financing By
Listing Price: $1,550,000
Cap Rate
6.35%
Tenant Name
Dollar General
Years Remaining On Lease
14.9
Guarantor
Corporate Guarantee
Rentable SF
10,640
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$9.25
Investment Highlights
- 15-Year Absolute NNN Lease, No Landlord Responsibilities
- 10% Increases Every 5 Years Beginning in Each Option Period
- Investment Grade Credit Tenant, Rated 'BBB' by S&P
- 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 2023 Construction on Oversized Parcel
- Serving Over 23,000 Residents in Overton County
- Centrally Location Between Nashville and Knoxville
Investment Overview
Marcus & Millichap is pleased to present the Dollar General in Hilham, TN.
Exclusively Listed By
Broker of Record
Financing By
