Dollar General - Net Lease Property for Sale
Mountain City, TN
Key Investment Metrics
Price
$1,434,352
Cap Rate
6.8%
Net Operating Income
$97,536
Building Size
9026 SF
Lot Size
9,026 SF
Land Area
1.7 Acres
Remaining Term
13 years
Lease Expiration
12/31/2038
Lease Term
15 years
Lease Commencement
12/31/2023
Lease Type
Absolute NNN
Tenant Credit
Corporate Guarantee
Year Built
2013
Occupancy
100%
Tenancy
Single
Rent Increases
5% every 5 years and 10% at beginning of each option period
About This Dollar General Net Lease Property
This Dollar General NNN (triple net lease) property is located in Mountain City, TN and represents an excellent investment opportunity for commercial real estate investors. The property features 9026 square feet of building space and was built in 2013.
With a cap rate of 6.8%, this Dollar General net lease property offers stable income potential. The asking price is $1,434,352, making it an attractive option for 1031 exchange investors seeking quality Dollar General commercial properties.
Why Invest in Dollar General NNN Properties?
- Stable Income: Dollar General net lease properties provide predictable cash flow with minimal landlord responsibilities.
- Strong Tenant: Dollar General is a nationally recognized brand with proven operational success.
- 1031 Exchange Eligible: This property qualifies for 1031 tax-deferred exchanges, allowing investors to defer capital gains taxes.
- Triple Net Lease: The tenant is responsible for property taxes, insurance, and maintenance, reducing landlord obligations.
Mountain City, TN Market Overview
Located in Mountain City, TN, this Dollar General property benefits from strong local demographics and market fundamentals. The Mountain City area offers excellent visibility and accessibility, making it an ideal location for Dollar General operations and a solid investment for net lease property buyers.