Property History
Property Type
Property Type
Property Subtype
Marketing Description
- Corporately Guaranteed Lease – Backed by Dollar General Corporation (NYSE: DG), which holds an investment-grade credit rating, ensuring long-term income stability.
- Essential Retailer with Resilient Model – Dollar General was classified as an essential retailer during the COVID-19 pandemic, demonstrating the durability of its recession-resistant business model.
- Strong Household Demographics – The average household income within a 5-mile radius is approximately $91,45, indicating solid consumer spending power in the trade area.
- Growth-Oriented Tenant – Dollar General recently announced plans to open 450 new stores and remodel 2,000 existing locations in 2026, underscoring continued corporate expansion and investment in its footprint.
- Absolute Triple Net (NNN) Lease – Features zero landlord responsibilities, providing a passive, management-free investment structure.
- Structured Rental Increases – Lease includes 5% rental escalations every five years during the primary term, supporting long-term income growth.
- Strategic Regional Location – Situated in Bristol, part of the Tri-Cities MSA (Bristol, Johnson City, Kingsport), the property benefits from a stable and diversified regional economy supported by healthcare, education, manufacturing, and tourism.
- Tourism and Event Traffic – Proximity to Bristol Motor Speedway and regional attractions ensures consistent consumer traffic and economic activity.
- Tax-Friendly State – Located in Tennessee, which imposes no state income tax, offering potential tax advantages for investors.
Investment Highlights
- Corporately Guaranteed Lease – Backed by Dollar General Corporation (NYSE: DG), which holds an investment-grade credit rating, ensuring long-term income stability.
- Essential Retailer with Resilient Model – Dollar General was classified as an essential retailer during the COVID-19 pandemic, demonstrating the durability of its recession-resistant business model.
- Strong Household Demographics – The average household income within a 5-mile radius is approximately $91,45, indicating solid consumer spending power in the trade area.
- Growth-Oriented Tenant – Dollar General recently announced plans to open 450 new stores and remodel 2,000 existing locations in 2026, underscoring continued corporate expansion and investment in its footprint.
- Absolute Triple Net (NNN) Lease – Features zero landlord responsibilities, providing a passive, management-free investment structure.
- Structured Rental Increases – Lease includes 5% rental escalations every five years during the primary term, supporting long-term income growth.
- Strategic Regional Location – Situated in Bristol, part of the Tri-Cities MSA (Bristol, Johnson City, Kingsport), the property benefits from a stable and diversified regional economy supported by healthcare, education, manufacturing, and tourism.
- Tourism and Event Traffic – Proximity to Bristol Motor Speedway and regional attractions ensures consistent consumer traffic and economic activity.
- Tax-Friendly State – Located in Tennessee, which imposes no state income tax, offering potential tax advantages for investors.
Loan History
Financial History
Tax History
Contact Information
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Ownership Information
Zoning
B-3 CommercialGeneral CommercialGeneral Business Service District
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View all 58 uses Last updated Feb 5, 2026 For deeper zoning details, reports are available at Zoneomics
Property Details
Contacts
Listing removed on
BY:
Gannon Ethington PRO
•••.•••.8730
••••••.•••••gton@••••••••.com
Listing removed on
BY:
Clay Smith PRO
•••.•••.1630
••••.•mith@••••••••.com
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