Drug Store
Dollar General Market | New 15-Yr. NNN Lease
3190 US-411, Englewood, TN 37329
Listing Price: $1,729,000
Cap Rate
6.00%
Tenant Name
Dollar General
Years Remaining On Lease
15.3
Guarantor
Corporate Guarantee
Rentable SF
12,687
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$8.18
Investment Overview
Marcus & Millichap is pleased to present the Dollar General in Englewood, TN.
Dollar General Market | New 15-Yr. NNN Lease
Investment Highlights
- 15-Year Absolute NNN Lease, No Landlord Responsibilities
- Relocation of High-Performing Store Next Door, 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
- Dollar General is the Nation's Largest Retailer with 19,000+ Stores
- Classified Nationally as an Essential Retailer for Daily Shopping Needs
- Brand New Construction on Oversized Parcel
Exclusively Listed By
Broker of Record
Financing By
Listing Price: $1,729,000
Cap Rate
6.00%
Tenant Name
Dollar General
Years Remaining On Lease
15.3
Guarantor
Corporate Guarantee
Rentable SF
12,687
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$8.18
Investment Highlights
- 15-Year Absolute NNN Lease, No Landlord Responsibilities
- Relocation of High-Performing Store Next Door, 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
- Dollar General is the Nation's Largest Retailer with 19,000+ Stores
- Classified Nationally as an Essential Retailer for Daily Shopping Needs
- Brand New Construction on Oversized Parcel
Investment Overview
Marcus & Millichap is pleased to present the Dollar General in Englewood, TN.
Exclusively Listed By
Broker of Record
Financing By
