Skip to main content

Discount

Dollar General | New 15-Yr. NNN Lease

Knoxville Hwy. & Mill Rd., Wartburg, TN 37887

Listing Price: $1,723,000

Cap Rate
6.15%
Tenant Name
Dollar General
Years Remaining On Lease
5.0
Guarantor
Corporate Guarantee
Rentable SF
10,640
Lease Type
Absolute Net
Rent Per Square Feet
$9.96

Investment Overview

Marcus & Millichap is pleased to present the Dollar General in Wartburg, TN.

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

Exclusively Listed By

Broker of Record

  • Jody McKibben

    First Vice President/Regional Manager

    (615) 997-2800

    License(s) TN: 307629

    Tennessee

Financing By

Discount

Dollar General | New 15-Yr. NNN Lease

Listing Price: $1,723,000

Cap Rate
6.15%
Tenant Name
Dollar General
Years Remaining On Lease
5.0
Guarantor
Corporate Guarantee
Rentable SF
10,640
Lease Type
Absolute Net
Rent Per Square Feet
$9.96

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

Investment Overview

Marcus & Millichap is pleased to present the Dollar General in Wartburg, 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