Investment Overview
Exclusive Realty is pleased to present this 8,000 square foot Dollar General store located in Surgoinsville, Tennessee. The property has a NN Lease with minimal landlord responsibilities. The lease is corporately guaranteed by Dollar General, Inc., which holds a credit rating of “BBB”, and this is classified as investment grade. The subject property is located near Lee Hwy which sees over 9,500 vehicles per day making it a very lucrative and ideal location for a Dollar General ensuring successful store sales. The five-mile average household income exceeds $40,000 within a 5- mile radius. The subject offering represents an ideal opportunity for 1031 Exchange buyer. This investment will offer a new owner continued success due to the financial strength and the proven profitability of the tenant, one of the nation’s top dollar stores.
Investment Highlights
- 8,000 sq ft building on 0.87 Acres of Land
- Tennessee is a No Income Tax State
- Dollar General has a credit rating of "BBB", which is considered investment grade
- Corporately guaranteed lease
- Household income exceeds $43,000 in five mile radius