Grocery Store
Dollar General | ±10.5-Yr Abs NNN | 2021 Construction | Woodbury, TN
6075 Short Mountain Rd, Woodbury, TN 37190
Listing Price: $1,253,947
Investment Overview
Marcus & Millichap is pleased to present a freestanding Dollar General at 6075 Short Mountain Road in Woodbury, Tennessee, offered at $1,253,947 representing a 7.00% cap rate. The ±10,640-square-foot store, built in 2021 on ±1.86 acres, is secured by an absolute NNN lease with approximately 10.5 years remaining through December 2036 and zero landlord responsibilities. Annual base rent of $87,776 is supported by three (3) five-year renewal options with scheduled 10% rental increases at each option, providing long-term income growth and an extended investment horizon. The lease is corporate-guaranteed by Dollar General Corporation (NASDAQ: DG), operating over 20,000 locations nationwide with approximately $40.6 billion in 2025 revenue.
The property is positioned along Short Mountain Road (TN Highway 146), a local corridor connecting residential communities to Woodbury's commercial district in Cannon County. The purpose-built store offers high visibility, direct access, and efficient parking. Cannon County serves as the commercial hub for its rural trade area, with a population of 15,238 and an average household income of $86,032, where limited retail competition supports consistent daily traffic from local residents and commuters. The property is approximately 65 miles southeast of Nashville within the Nashville MSA (2.16 million residents, $132,901 average household income).
Investment Highlights
- ?Absolute NNN Lease With Zero Landlord Responsibilities | Approximately 10.5 Years Remaining Through December 2036
- ?Three (3) Five-Year Renewal Options With Scheduled 10% Rental Increases At Each Option Period
- ?Corporate-Guaranteed Lease By Dollar General Corporation (NASDAQ: DG)
- ?Recently Constructed Asset Built In 2021 | ±10,640 SF On ±1.86 Acres Positioned Along Short Mountain Road (TN Highway 146) In Woodbury, TN
- ?Cannon County Trade Area Population Of 15,238 With $86,032 Average Household Income
- ?Located Approximately 65 Miles Southeast Of Nashville Within The Nashville MSA (2.16M Population, $132,901 AHI)
- ?Dollar General Operates 20,000+ Locations Nationwide With Approximately $40.6 Billion In 2025 Revenue
Exclusively Listed By
Broker of Record
-
Jody McKibben
Senior Managing Director, Market Leader - Mid-South
Grocery Store
Dollar General | ±10.5-Yr Abs NNN | 2021 Construction | Woodbury, TN
Listing Price: $1,253,947
Investment Highlights
- ?Absolute NNN Lease With Zero Landlord Responsibilities | Approximately 10.5 Years Remaining Through December 2036
- ?Three (3) Five-Year Renewal Options With Scheduled 10% Rental Increases At Each Option Period
- ?Corporate-Guaranteed Lease By Dollar General Corporation (NASDAQ: DG)
- ?Recently Constructed Asset Built In 2021 | ±10,640 SF On ±1.86 Acres Positioned Along Short Mountain Road (TN Highway 146) In Woodbury, TN
- ?Cannon County Trade Area Population Of 15,238 With $86,032 Average Household Income
- ?Located Approximately 65 Miles Southeast Of Nashville Within The Nashville MSA (2.16M Population, $132,901 AHI)
- ?Dollar General Operates 20,000+ Locations Nationwide With Approximately $40.6 Billion In 2025 Revenue
Investment Overview
Marcus & Millichap is pleased to present a freestanding Dollar General at 6075 Short Mountain Road in Woodbury, Tennessee, offered at $1,253,947 representing a 7.00% cap rate. The ±10,640-square-foot store, built in 2021 on ±1.86 acres, is secured by an absolute NNN lease with approximately 10.5 years remaining through December 2036 and zero landlord responsibilities. Annual base rent of $87,776 is supported by three (3) five-year renewal options with scheduled 10% rental increases at each option, providing long-term income growth and an extended investment horizon. The lease is corporate-guaranteed by Dollar General Corporation (NASDAQ: DG), operating over 20,000 locations nationwide with approximately $40.6 billion in 2025 revenue. The property is positioned along Short Mountain Road (TN Highway 146), a local corridor connecting residential communities to Woodbury's commercial district in Cannon County. The purpose-built store offers high visibility, direct access, and efficient parking. Cannon County serves as the commercial hub for its rural trade area, with a population of 15,238 and an average household income of $86,032, where limited retail competition supports consistent daily traffic from local residents and commuters. The property is approximately 65 miles southeast of Nashville within the Nashville MSA (2.16 million residents, $132,901 average household income).
Exclusively Listed By
Broker of Record
-
Jody McKibben
Senior Managing Director, Market Leader - Mid-South