Discount
Dollar General Mini Market | New 15-Yr. Absolute NNN with Increases
6336 TN-111, Cookeville, TN 38506
Listing Price: $2,022,000
Cap Rate
6.70%
Tenant Name
Dollar General
Years Remaining On Lease
5.4
Guarantor
Corporate Guarantee
Rentable SF
10,640
Lease Type
Absolute Net
Rent Per Square Feet
$12.73
Investment Overview
Marcus & Millichap is pleased to present the Dollar General Mini Market in Cookeville, TN.
Dollar General Mini Market | New 15-Yr. Absolute NNN with Increases
Investment Highlights
- 15-Year Absolute NNN Lease, No Landlord Responsibilities
- Rare 5% Rental Increases Every 5 Years Throughout the Base Term and Options
- Upgraded Market Store with Expanded Produce/Grocery Offerings
- Investment Grade Credit Tenant, Rated 'BBB' by S&P
- Dollar General is the Nation's Largest Retailer with 19,700+ Stores
- Brand New 2024 Construction on an Oversized Parcel
- Serving Over 43,000 Residents in Growing Trade Area, East of Downtown Nashville
- Strong Average Household Incomes Exceed $71,000 within 3 Miles
Exclusively Listed By
Broker of Record
Discount
Dollar General Mini Market | New 15-Yr. Absolute NNN with Increases
Listing Price: $2,022,000
Cap Rate
6.70%
Tenant Name
Dollar General
Years Remaining On Lease
5.4
Guarantor
Corporate Guarantee
Rentable SF
10,640
Lease Type
Absolute Net
Rent Per Square Feet
$12.73
Investment Highlights
- 15-Year Absolute NNN Lease, No Landlord Responsibilities
- Rare 5% Rental Increases Every 5 Years Throughout the Base Term and Options
- Upgraded Market Store with Expanded Produce/Grocery Offerings
- Investment Grade Credit Tenant, Rated 'BBB' by S&P
- Dollar General is the Nation's Largest Retailer with 19,700+ Stores
- Brand New 2024 Construction on an Oversized Parcel
- Serving Over 43,000 Residents in Growing Trade Area, East of Downtown Nashville
- Strong Average Household Incomes Exceed $71,000 within 3 Miles
Investment Overview
Marcus & Millichap is pleased to present the Dollar General Mini Market in Cookeville, TN.
Exclusively Listed By
Broker of Record
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