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Dollar General | New 15-Yr.Absolute NNN

Botwater Road & Piney Grove Rd, Riceville, TN 37370

Listing Price: $1,572,000

Cap Rate
5.60%
Tenant Name
Dollar General
Years Remaining On Lease
15.3
Guarantor
Corporate Guarantee
Rentable SF
10,566
Lease Type
Absolute Net
Rent Per Square Feet
$8.34

Investment Overview

Marcus & Millichap is pleased to present the Dollar General in Riceville, TN.

Investment Highlights

  • 15-Year Absolute NNN Lease
  • Investment Grade Credit Tenant, Rated 'BBB' by S&P
  • 10% Increases Every 5 Years Beginning in Each Option Period
  • Brand New 2022 Construction
  • Dollar General has Reported 32 Consecutive Quarters of Same-Store-Sales Growth
  • Classified Nationally as an "Essential Retailer" for Daily Shopping Needs

Exclusively Listed By

Broker of Record

  • Jody McKibben

    First Vice President/Regional Manager

    (615) 997-2860

    License(s) TN: 307629

    Tennessee

Discount

Dollar General | New 15-Yr.Absolute NNN

Listing Price: $1,572,000

Cap Rate
5.60%
Tenant Name
Dollar General
Years Remaining On Lease
15.3
Guarantor
Corporate Guarantee
Rentable SF
10,566
Lease Type
Absolute Net
Rent Per Square Feet
$8.34

Investment Highlights

  • 15-Year Absolute NNN Lease
  • Investment Grade Credit Tenant, Rated 'BBB' by S&P
  • 10% Increases Every 5 Years Beginning in Each Option Period
  • Brand New 2022 Construction
  • Dollar General has Reported 32 Consecutive Quarters of Same-Store-Sales Growth
  • Classified Nationally as an "Essential Retailer" for Daily Shopping Needs

Investment Overview

Marcus & Millichap is pleased to present the Dollar General in Riceville, TN.

Exclusively Listed By

Broker of Record

  • Jody McKibben

    First Vice President/Regional Manager

    (615) 997-2860

    License(s): TN: 307629

    Tennessee

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