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.
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
Exclusively Listed By
Broker of Record
Financing By
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
Financing By
