DOLLAR GENERAL | CAMDEN, TENNESSEE
INVESTMENT SUMMARY
Purchase Price
$989,028
Location
380 Lodge Rd
Cap Rate
7.00%
Annual Rent
$69,231.96
Building Size
9,100 SF
Land Area
1.92 Acres
Ownership
Fee Simple
Lease Type
Absolute NNN
Term Remainning
8.25 Years
LEASE EXPIRATION
7/31/2034
Renewal Options
RENT INCREASES
10% at Options
Parking
31 Spaces
Year Built
2019
APN
0.71-017.01
Traffic Counts
1,161 VPD
INVESTMENT HIGHLIGHTS
DOLLAR GENERAL CORPORATE GUARANTEED LEASE:
- Approximately 8.25 Years Remaining in the Initial 15 Year Lease Term (Lease Exp: 07/31/2034)
- 2019 Construction - Build-to-Suit Dollar General
- 9,100 SF Building | 1.92 Acre Parcel
- Three (3) - Five (5) Year Option Periods at 10% Rent Increases
ABSOLUTE NNN LEASE:
- Absolute NNN Lease with ZERO Management Responsibilities
- Tenant Pays for ALL Operating Expenses, Insurance & Reimburses Property Taxes
PROXIMITY FROM CAMDEN, TN:
- Clarksville, TN | 65 Miles
- Franklin, TN | 79 Miles
- Nashville, TN | 94 Miles
- Goodlettsville, TN | 105 Miles
- Chattanooga, TN | 221 Miles
- Knoxville, TN | 272 Miles
TRADE AREA DEMOGRAPHICS:
- 1-Mile Population = 425 Residents | $72,804 Average Household Income
- 3-Mile Population = 1,678 Residents | $72,411 Average Household Income
- 5-Mile Population = 6,163 Residents | $73,921 Average Household Income
- 7-Mile Population = 11,427 Residents | $78,244 Average Household Income
- 10-Mile Population = 15,351 Residents | $77,401 Average Household Income
- 15-Mile Population = 30,883 Residents | $74,855 Average Household Income
TENANT:
- Strong Investment Grade Credit Rating of "BBB" by Standard & Poor's
- Ranked #112 on the Fortune 500 List
- 20,959 Stores in 48 States

