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Dollar General | 12+yrs Remain Abs NNN 6359 Tennessee 90

9,002 SF Retail Building Clairfield, TN 37715 $1,294,777 ($144/SF) 7.20% Cap Rate

INVESTMENT HIGHLIGHTS

  • Over 12 Years Remaining | Options to Extend | Established Brand
  • Located Along State Hwy 90 | Limited Competition |Clairfield Elementary School | Excellent Visibility
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Strong Demographics in 5-mile Trade Area

EXECUTIVE SUMMARY

• The tenant currently has over 12 years remaining with 5 (5-year) options to extend, demonstrating their commitment to the site
• The lease features 10% rental increases at the beginning of each option period, growing NOI and hedging against inflation
• As of May 3, 2024, the Company’s 20,149 Dollar General, DG Market, DGX and pOpshelf stores across the United States

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,002 SF
Building Class
C
Year Built
2021
Price
$1,294,777
Price Per SF
$144
Cap Rate
7.20%
NOI
$93,224
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
1.84 AC
Zoning
C

AMENITIES

  • Freeway Visibility
  • Signage

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Retailer
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000

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 99,999 SF $9.99 Lorem Ipsum Jan 0000

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
023G-A-013.01
Land Assessment
$600
Improvements Assessment
$15,000
Total Assessment
$15,600
  • Listing ID: 33014090

  • Date on Market: 8/30/2024

  • Last Updated:

  • Address: 6359 Tennessee 90, Clairfield, TN 37715

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