Dollar General NN Lease Investment
Excellent Passive Investment!
Marketing description
Presenting an opportunity to acquire a single-tenant Dollar General property located at 8021 Austin Peay Highway in Millington, TN. The asset is secured by a 15-year double net (NN) lease with five (5) year renewal options, providing long-term stability and consistent cash flow.
The property consists of a 9,238 square foot building situated on a 3.24-acre parcel, well positioned in a rural corridor of Tennessee. Neighboring tenants include Subway and a Shell gas station, further driving local and commuter traffic to the site.
This investment features a 6.25% capitalization rate, making it a strong opportunity for investors seeking passive income backed by a nationally recognized credit tenant.
Investment highlights
· Long-Term Stability 15-Year Initial Term + (5) Five-Year Renewal Options
· Passive Investment Double Net (NN) Lease Structure
· Attractive Return 6.25% Cap Rate
· Strong Location 9,238 SF on 3.24 Acres Along Austin Peay Highway
· Complementary Neighbors Subway & Shell Gas Station
Listing Contacts
Valuation Calculator
Valuation Metrics
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?
