Dollar General
Single-Tenant Offerings
Dollar General
3443 Byrdstrown Hwy.
Monroe, TN
- Price:
- $1,802,000
- Cap Rate:
- 5.35%
- NOI:
- $96,412
- Rentable SQFT:
- 10,640 SF
- Year Built:
- 2022
- Lot Size:
- 2.16 +/- Acres
- Lease Type:
- Absolute NNN
- Status:
- Available
Investment Highlights
- 15-Year Absolute NNN Lease, No Landlord Responsibilities
- 10% Increases Every 5 Years Beginning in Each Option Period
- Investment Grade Credit Tenant, Rated ‘BBB’ by S&P
- Dollar General is the Largest Retailer in the U.S. with 18,000+ Stores
- Classified Nationally as an Essential Retailer for Daily Shopping Needs
- Brand New 2022 Construction on Oversized Parcel
- Serving Over 22,500 Residents in Overton County
- Underserved Retail Trade Area, Nearest Dollar Store is Approximately 8 Miles Away
- Highly Visible Along Major North/South Artery, Direct Access to Cookeville
- Just South of Dale Hollow Lake with Over 3 Million Visitors Annually
- Close Proximity to Standing Stone State Park and Big South Fork National River and Recreation Area, Attracts Hundred of Thousands of Visitors Annually
- Situated in the Heart of the Appalachian Region where Tourism is the Fastest Growing Industry
- Tax Free State, No State Income Tax in Tennessee
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