Discount
Dollar General Market | New 15-Yr. NNN Lease
Marlow Circle & Oliver Springs Hwy, Clinton (Tennessee MSA), TN 37716
Listing Price: $2,251,000
Cap Rate
6.00%
Tenant Name
Dollar General
Years Remaining On Lease
15.3
Guarantor
Corporate Guarantee
Rentable SF
12,668
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$10.66
Investment Overview
Marcus & Millichap is pleased to present the Dollar General in Clinton, TN.
Dollar General Market | New 15-Yr. NNN Lease
Investment Highlights
- 15-Year Absolute NNN Lease, No Landlord Responsibilities
- 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
- Serving Over 55,000 Residents in Growing Knoxville Suburb, 22 Miles Northwest of Downtown Knoxville
Exclusively Listed By
Broker of Record
Financing By
Discount
Dollar General Market | New 15-Yr. NNN Lease
Listing Price: $2,251,000
Cap Rate
6.00%
Tenant Name
Dollar General
Years Remaining On Lease
15.3
Guarantor
Corporate Guarantee
Rentable SF
12,668
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$10.66
Investment Highlights
- 15-Year Absolute NNN Lease, No Landlord Responsibilities
- 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
- Serving Over 55,000 Residents in Growing Knoxville Suburb, 22 Miles Northwest of Downtown Knoxville
Investment Overview
Marcus & Millichap is pleased to present the Dollar General in Clinton, TN.
Exclusively Listed By
Broker of Record
Financing By
