Discount
Dollar General | Bowling Green MSA
TBD Franklin Rd, Franklin, KY 42134
Listing Price: $1,830,000
Investment Overview
15 YEAR CORPORATE NNN LEASE WITH INCREASES IN INITIAL TERM AND OPTIONS
• This property features a 15-year corporate-guaranteed NNN lease with Dollar General, with 5% rent increases every five years.
• This store is currently under construction and rent is scheduled to commence in July 2025
• The tenant is 100% responsible for all expenses, including parking lot, taxes, insurance, roof, and structure
• There are 5% rent increases in each of the five 5-year option periods.
• The subject property is located off I-65 at exit 6.
• I-65 sees 52,337 VPD and is the interstate connecting Nashville, TN, and Louisville, KY.
NEAR I-65 (52,337 VPD) | INTERSTATE BETWEEN NASHVILLE & LOUISVILLE
• The subject property is located off I-65 at exit 6.
• I-65 sees 52,337 VPD and is the interstate connecting Nashville, TN, and Louisville, KY.
BOWLING GREEN MSA | 3RD MOST POPULOUS CITY IN THE STATE
• Bowling Green is the third largest municipality in the state of Kentucky and the fourth largest metropolitan area with a population of 179,639.
• The Bowling Green MSA is known as a central manufacturing hub for the Southeast.
• General Motors Bowling Green Assembly Plant – This facility has exclusively produced the Chevrolet Corvette since 1981. Spanning 1.7 million square feet on 212 acres, it employs approximately 1,100 people.
• Bowling Green is home to Western Kentucky University, the third-largest university in Kentucky, with an enrollment of 16,291 students.
• Houchens Industries, Fruit of the Loom, Clark Beverage Group, and more are headquartered in Bowling Green, KY.
INVESTMENT GRADE TENANT (S&P: BBB)
• Dollar General is a publicly traded (NYSE: DG) Fortune 500 company with an S&P investment grade credit rating of BBB.
• Currently over 21,000 locations and plans to open 750 stores in 2025.
• Dollar General has been in business for 80 years and has a current net worth of over $18.6 billion.
Investment Highlights
- 15 Year Corporate NNN Lease With Increases In Initial Term And Options
- Near I-65 (52,337 VPD) | Interstate Between Nashville & Louisville
- Bowling Green MSA | 3rd Most Populous City In The State
- Investment Grade Tenant (S&P: BBB)
Exclusively Listed By
Broker of Record
Listing Price: $1,830,000
Investment Highlights
- 15 Year Corporate NNN Lease With Increases In Initial Term And Options
- Near I-65 (52,337 VPD) | Interstate Between Nashville & Louisville
- Bowling Green MSA | 3rd Most Populous City In The State
- Investment Grade Tenant (S&P: BBB)
Investment Overview
15 YEAR CORPORATE NNN LEASE WITH INCREASES IN INITIAL TERM AND OPTIONS • This property features a 15-year corporate-guaranteed NNN lease with Dollar General, with 5% rent increases every five years. • This store is currently under construction and rent is scheduled to commence in July 2025 • The tenant is 100% responsible for all expenses, including parking lot, taxes, insurance, roof, and structure • There are 5% rent increases in each of the five 5-year option periods. • The subject property is located off I-65 at exit 6. • I-65 sees 52,337 VPD and is the interstate connecting Nashville, TN, and Louisville, KY. NEAR I-65 (52,337 VPD) | INTERSTATE BETWEEN NASHVILLE & LOUISVILLE • The subject property is located off I-65 at exit 6. • I-65 sees 52,337 VPD and is the interstate connecting Nashville, TN, and Louisville, KY. BOWLING GREEN MSA | 3RD MOST POPULOUS CITY IN THE STATE • Bowling Green is the third largest municipality in the state of Kentucky and the fourth largest metropolitan area with a population of 179,639. • The Bowling Green MSA is known as a central manufacturing hub for the Southeast. • General Motors Bowling Green Assembly Plant – This facility has exclusively produced the Chevrolet Corvette since 1981. Spanning 1.7 million square feet on 212 acres, it employs approximately 1,100 people. • Bowling Green is home to Western Kentucky University, the third-largest university in Kentucky, with an enrollment of 16,291 students. • Houchens Industries, Fruit of the Loom, Clark Beverage Group, and more are headquartered in Bowling Green, KY. INVESTMENT GRADE TENANT (S&P: BBB) • Dollar General is a publicly traded (NYSE: DG) Fortune 500 company with an S&P investment grade credit rating of BBB. • Currently over 21,000 locations and plans to open 750 stores in 2025. • Dollar General has been in business for 80 years and has a current net worth of over $18.6 billion.
Exclusively Listed By
Broker of Record

