Discount
Dollar General | New 15-Year Absolute NNN | Relocation Store
Walker Cove Road & TN-111, Sparta, TN 38583
Listing Price: $2,065,000
Cap Rate
6.70%
Tenant Name
Dollar General
Years Remaining On Lease
5.1
Guarantor
Corporate Guarantee
Rentable SF
10,542
Lease Type
Absolute Net
Rent Per Square Feet
$13.12
Investment Overview
Marcus & Millichap is pleased to present the Dollar General in Sparta, TN.
Dollar General | New 15-Year Absolute NNN | Relocation Store
Investment Highlights
- 15-Year Absolute NNN Lease, No Landlord Responsibilities
- Relocation of High-Performing Inline Store Nearby, Proven Concept in Trade Area
- Rare 5% Rental Increases Every 5 Years Throughout the Base Term and Options
- Investment Grade Credit Tenant, Rated 'BBB' by S&P
- Dollar General is the Nation's Largest Retailer with 20,000+ Stores
- Brand New 2025 Construction on an Oversized Parcel
- Serving Over 28,000 Residents in White County, East of Nashville
- Highly Visible Along Major North/South Artery with 16,647 Cars/Day, Direct Access to Chattanooga
Exclusively Listed By
Broker of Record
Financing By
Discount
Dollar General | New 15-Year Absolute NNN | Relocation Store
Listing Price: $2,065,000
Cap Rate
6.70%
Tenant Name
Dollar General
Years Remaining On Lease
5.1
Guarantor
Corporate Guarantee
Rentable SF
10,542
Lease Type
Absolute Net
Rent Per Square Feet
$13.12
Investment Highlights
- 15-Year Absolute NNN Lease, No Landlord Responsibilities
- Relocation of High-Performing Inline Store Nearby, Proven Concept in Trade Area
- Rare 5% Rental Increases Every 5 Years Throughout the Base Term and Options
- Investment Grade Credit Tenant, Rated 'BBB' by S&P
- Dollar General is the Nation's Largest Retailer with 20,000+ Stores
- Brand New 2025 Construction on an Oversized Parcel
- Serving Over 28,000 Residents in White County, East of Nashville
- Highly Visible Along Major North/South Artery with 16,647 Cars/Day, Direct Access to Chattanooga
Investment Overview
Marcus & Millichap is pleased to present the Dollar General in Sparta, TN.
Exclusively Listed By
Broker of Record
Financing By
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