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Dollar General | Relocation Store

E 10th St, Cookeville, TN 38501

Listing Price: $2,065,000

Cap Rate
5.15%
Tenant Name
Dollar General
Years Remaining On Lease
15.2
Guarantor
Corporate Guarantee
Rentable SF
106,352
Lease Type
Absolute Net
Rent Per Square Feet
$1.00

Investment Overview

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

Investment Highlights

  • 15-Year Absolute NNN Lease
  • Relocation of High-Performing Store Across the Street
  • Brand New Upgraded Construction with Brick and Architectural Panels
  • Investment Grade Credit Tenant, Rated 'BBB' by S&P
  • 10% Increases Every 5 Years Beginning in Each Option Period
  • Dollar General has Reported 32 Consecutive Quarters of Same-Store-Sales Growth

Exclusively Listed By

Broker of Record

  • Jody McKibben

    First Vice President/Regional Manager

    (615) 997-2860

    License(s) TN: 307629

    Tennessee

Financing By

Discount

Dollar General | Relocation Store

Listing Price: $2,065,000

Cap Rate
5.15%
Tenant Name
Dollar General
Years Remaining On Lease
15.2
Guarantor
Corporate Guarantee
Rentable SF
106,352
Lease Type
Absolute Net
Rent Per Square Feet
$1.00

Investment Highlights

  • 15-Year Absolute NNN Lease
  • Relocation of High-Performing Store Across the Street
  • Brand New Upgraded Construction with Brick and Architectural Panels
  • Investment Grade Credit Tenant, Rated 'BBB' by S&P
  • 10% Increases Every 5 Years Beginning in Each Option Period
  • Dollar General has Reported 32 Consecutive Quarters of Same-Store-Sales Growth

Investment Overview

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

Exclusively Listed By

Broker of Record

  • Jody McKibben

    First Vice President/Regional Manager

    (615) 997-2860

    License(s): TN: 307629

    Tennessee

Financing By

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