Dollar General 575 N Main St 12,480 SF Retail Building Jellico, TN 37762 $1,671,542 ($133.94/SF) 7.25% Cap Rate
INVESTMENT HIGHLIGHTS
- NN+ Single Tenant Investment Opportunity
- DG Executed a rare early extension in 2022
- Corporate Guarantee by Dollar General Corporation
- 8+ Year Term Remaining with Four (4), Five(5) Year Options
- 10% Increases Per Options
EXECUTIVE SUMMARY
PROPERTY FACTS
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
-
- Retailer
- 12,480 SF
- $9.71
- Triple Net
- Nov 2031
DG is proud to be America’s neighborhood general store. We strive to make shopping hassle-free and affordable with convenient, easy-to-shop stores all across the states. DG's stores deliver everyday low prices on items including food, snacks, health and beauty aids, cleaning supplies, basic apparel, housewares, seasonal items, paper products and much more from America’s most-trusted brands and products, along with high-quality private brands. From serving their customers with value and convenience and their employees with career opportunities to serving the communities they call home through literacy and education, Dollar General has been committed to its mission of Serving Others since the company’s founding in 1939.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
|
|
Retailer | 12,480 SF | $9.71 | Triple Net | Nov 2031 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $429,680 | |
| Land Assessment | $39,120 | Total Assessment | $468,800 |
