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Dollar General Portfolio

Smithville, Tennessee

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NNN Pro Group is pleased to present this Exclusive Net-Lease Offering for a Dollar General located at 130 Cecil Hale Rd, Smithville, Tennessee. The site consists of roughly 9,100 rentable square feet of building space on estimated 2.09-acre parcel of land. This Dollar General is subject to a 15-year absolute triple-net (NNN) lease, which commenced December 15th, 2020. The current annual rent is $82,472 and is scheduled to increase ten percent in each of the 3, 5-year renewal options.

NNN Pro Group is pleased to present the Broker Opinion of Value for a Dollar General located at 7601 Blountstown Hwy, Tallahassee, Florida. The site consists of roughly 9,026 rentable square feet of building space on estimated 1.78-acre parcel of land. This Dollar General is subject to a 15-year absolute triple-net (NNN) lease, which commenced March 15th, 2021. The current annual rent is $113,424 and is scheduled to increase by ten percent in each of the 5, 5-year renewal options.

Key Details

Price:
$3,040,000
Cap Rate:
6.44%
Annual Rent:
$195,896
Address:
130 Cecil Hale Rd, Smithville, Tennessee 37166
Lease Type:
Triple Net (NNN)

Tenant:
Dollar General Portfolio

Talk to the pros

Glen Kunofsky

License: 49KU1129178

Jonathan Eckerd

Broker of record

Brian Brockman

Bang Realty-Tennessee, Inc.

License: 343847


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