Dollar General
Single-Tenant Offerings
Dollar General
6359 Highway 90
Clairfield, TN
- Price:
- $1,402,000
- Cap Rate:
- 6.65%
- NOI:
- $93,224
- Rentable SQFT:
- 9,002 SF
- Year Built:
- 2021
- Lot Size:
- 1.84 +/ Acres
- Lease Type:
- Absolute NNN
- Status:
- Under Contract
Investment Highlights
- 15-Year Absolute NNN Lease
- Investment Grade Credit Tenant, Rated BBB by S&P
- Dollar General has Reported 30 Consecutive Quarters of Same-Store-Sales Growth
- Classified Nationally as an “Essential Retailer” for Daily Shopping Needs
- 10% Rental Increases Beginning in Each Option Period
- Brand New 2021 Construction
- Serving 32,000 Residents in Growing Claiborne County
- Centrally Located Between Nashville and Knoxville
- Underserved Retail Trade Area, High Need for Goods and Services
- Competition Void, Nearest Dollar General and Family Dollar is Over 18 Miles Away
- Excellent Access and Visibility Along Major Artery
- Close Proximity to Daniel Boone National Forest with Millions of Visitors Annually
- Minutes to Cumberland Gap National Park with 1 Million Visitors Annually
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