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DOLLAR GENERAL | WARTRACE, TENNESSEE

Purchase Price
$1,103,486
Location
200 Blackman Blvd E
Cap Rate
7.00%
Annual Rent
$77,244.00
Building Size
9,100 SF
Land Area
1.11 Acres
Ownership
Fee Simple
Lease Type
Absolute NNN
Term Remainning
6.75 Years
LEASE EXPIRATION
1/31/2033
Renewal Options
Three (3) - Five (5) Year
RENT INCREASES
10% at Options
Parking
29 Spaces
Year Built
2018
APN
071D E 016.00
Traffic Counts
3,374 VPD

INVESTMENT HIGHLIGHTS

 

DOLLAR GENERAL CORPORATE GUARANTEED LEASE:

  • Approximately 6.75 Years of Guaranteed Lease Term Remaining (Lease Exp: January 2033)
  • 2018 Construction - Build-to-Suit Dollar General
  • 9,100 SF Building | 1.11 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 WARTRACE, TN:

  • Shelbyville, TN | 9 Miles
  • Murfreesboro, TN | 27 Miles
  • College Grove, TN | 34 Miles
  • Spring Hill, TN | 47 Miles
  • Columbia, TN | 48 Miles
  • Brentwood, TN | 55 Miles
  • Franklin, TN | 57 Miles
  • Nashville, TN | 60 Miles
 

TRADE AREA DEMOGRAPHICS:

  • 1-Mile Population = 841 Residents | $93,456 Average Household Income
  • 5-Mile Population = 5,033 Residents | $101,502 Average Household Income
  • 7-Mile Population = 17,014 Residents | $91,535 Average Household Income
  • 10-Mile Population = 43,804 Residents | $86,268 Average Household Income
  • 15-Mile Population = 109,427 Residents | $91,468 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

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