Discount
Dollar General Plus | NNN Lease | 2023 Construction | Stable & Growing Demographics
1695 Rowe Gap Rd, Winchester, TN 37398
Listing Price: $1,650,000
Cap Rate
6.85%
Tenant Name
Dollar General
Years Remaining On Lease
2.3
Guarantor
Corporate Guarantee
Rentable SF
10,640
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$10.62
Investment Overview
Marcus & Millichap is pleased to present the offering for a Dollar General Plus in Winchester, TN.
Dollar General Plus | NNN Lease | 2023 Construction | Stable & Growing Demographics
Investment Highlights
- SINGLE TENANT DOLLAR GENERAL PLUS LOCATION: 10,640SF on 2.00 AC lot with 35 Parking Spaces. DG Plus Stores Offer Expanded Store Footprint with Emphasis on Fresh Groceries and More Refrigerated Items
- 15 YEAR TRIPLE-NET LEASE: 2023 Construction with just over 12 Years Remaining on the Original Triple-Net Lease. No Landlord Responsibilities
- RENTAL INCREASES IN EACH OPTION: 10 Percent Rental Increases in each of Three, Five Year Renewal Options
- CORPORATE GUARANTEE: Lease is Corporately Guaranteed by Dollar General with over 20,800 Stores across 48 States and Mexico. Dollar General saw 2025 Revenue of over $42 Billion
- FEE SIMPLE OWNERSHIP: Provides the Buyer with the Highest Form of Real Estate Ownership and Absolute Control over the Asset
- HIGH VISIBILITY LOCATION: Features Lighted Pylon Sign and Truck Delivery Zone LIMITED COMPETITION IN AREA: Nearest Dollar Store is over 3.5 Miles Away
- STABLE TRAFFIC CORRIDOR: Located along SR-16/Rowe Gap Road seeing 3,700 Vehicles per Day (VPD), 1.5 Miles off of US Highway 64, Seeing 9,200 Vehicles per Day Running through Downtown Winchester
- THREE MILES FROM DOWNTOWN WINCHESTER: Winchester is the County Seat of Franklin County with a Population of over 9,300 and Five Miles from Tims Ford State Park and Lake, a Major Recreation and Boating Destination in the Area
Exclusively Listed By
Broker of Record
-
Jody McKibben
Senior Managing Director, Market Leader - Mid-South
Financing By
Discount
Dollar General Plus | NNN Lease | 2023 Construction | Stable & Growing Demographics
Listing Price: $1,650,000
Cap Rate
6.85%
Tenant Name
Dollar General
Years Remaining On Lease
2.3
Guarantor
Corporate Guarantee
Rentable SF
10,640
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$10.62
Investment Highlights
- SINGLE TENANT DOLLAR GENERAL PLUS LOCATION: 10,640SF on 2.00 AC lot with 35 Parking Spaces. DG Plus Stores Offer Expanded Store Footprint with Emphasis on Fresh Groceries and More Refrigerated Items
- 15 YEAR TRIPLE-NET LEASE: 2023 Construction with just over 12 Years Remaining on the Original Triple-Net Lease. No Landlord Responsibilities
- RENTAL INCREASES IN EACH OPTION: 10 Percent Rental Increases in each of Three, Five Year Renewal Options
- CORPORATE GUARANTEE: Lease is Corporately Guaranteed by Dollar General with over 20,800 Stores across 48 States and Mexico. Dollar General saw 2025 Revenue of over $42 Billion
- FEE SIMPLE OWNERSHIP: Provides the Buyer with the Highest Form of Real Estate Ownership and Absolute Control over the Asset
- HIGH VISIBILITY LOCATION: Features Lighted Pylon Sign and Truck Delivery Zone LIMITED COMPETITION IN AREA: Nearest Dollar Store is over 3.5 Miles Away
- STABLE TRAFFIC CORRIDOR: Located along SR-16/Rowe Gap Road seeing 3,700 Vehicles per Day (VPD), 1.5 Miles off of US Highway 64, Seeing 9,200 Vehicles per Day Running through Downtown Winchester
- THREE MILES FROM DOWNTOWN WINCHESTER: Winchester is the County Seat of Franklin County with a Population of over 9,300 and Five Miles from Tims Ford State Park and Lake, a Major Recreation and Boating Destination in the Area
Investment Overview
Marcus & Millichap is pleased to present the offering for a Dollar General Plus in Winchester, TN.
Exclusively Listed By
Broker of Record
-
Jody McKibben
Senior Managing Director, Market Leader - Mid-South
Financing By
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