Discount
Dollar General Portfolio TN (2 OF 7)
736 TN-149, Erin, TN 37061
Listing Price: $2,542,935
Cap Rate
6.00%
Tenant Name
Dollar General
Years Remaining On Lease
10.5
Guarantor
Corporate Guarantee
Rentable SF
16,515
Lease Type
Absolute Net
Rent Per Square Feet
$9.24
Investment Overview
Subjects Includes Nine, Prime Build-to-Suit Dollar Generals with Ample Parking, Easy Ingress/Egress and Strategically Located to Limit Competition. Absolute NNN Lease with a 15-Year Base Term and Zero Landlord Responsibility | 10% Rental Increases in 5, 5-Year Options
Dollar General Portfolio TN (2 OF 7)
Investment Highlights
- Investment Grade Tenant Dollar General is the Country's Largest Small Box Discount Retailer with Over 18,000 Stores and a Credit Rating of BBB by Standard & Poor's
- Ten-Percent Increases in Options Provides Investors with Long Term Inflation Hedge from a Credit Worthy Tenant
- Most Subjects Built Near Recreational Waterways, Including the Mississippi River, the Ohio River, the Tennessee River, and Kentucky Lake
- All Newer Construction, Units Were Completed in 2019
Exclusively Listed By
Broker of Record
Listing Price: $2,542,935
Cap Rate
6.00%
Tenant Name
Dollar General
Years Remaining On Lease
10.5
Guarantor
Corporate Guarantee
Rentable SF
16,515
Lease Type
Absolute Net
Rent Per Square Feet
$9.24
Investment Highlights
- Investment Grade Tenant Dollar General is the Country's Largest Small Box Discount Retailer with Over 18,000 Stores and a Credit Rating of BBB by Standard & Poor's
- Ten-Percent Increases in Options Provides Investors with Long Term Inflation Hedge from a Credit Worthy Tenant
- Most Subjects Built Near Recreational Waterways, Including the Mississippi River, the Ohio River, the Tennessee River, and Kentucky Lake
- All Newer Construction, Units Were Completed in 2019
Investment Overview
Subjects Includes Nine, Prime Build-to-Suit Dollar Generals with Ample Parking, Easy Ingress/Egress and Strategically Located to Limit Competition. Absolute NNN Lease with a 15-Year Base Term and Zero Landlord Responsibility | 10% Rental Increases in 5, 5-Year Options
Exclusively Listed By
Broker of Record
