Dollar General 210 Majors Blvd
10,640 SF 4-Star Retail Building Lynchburg, TN 37352 $1,576,586 CAD ($148.18 CAD/SF) 7.46% Cap Rate
INVESTMENT HIGHLIGHTS
- Perfect 1031 in Tax-Free State
- Absolute Net Lease – No landlord responsibilities
- Very attractive Plus size relocation store in strong market built in 2015
- 7.46% Cap Rate on current rents
- Close to the Jack Daniel’s Distillery Visitor Center
- 5.5 years remaining on the current lease term. Tenant then has (3) 5-Year Optional Extension Terms, each with 10% increase
EXECUTIVE SUMMARY
Very attractive relocation store built in 2015 and just down the street from the very popular Jack Daniel’s Distillery Visitor Center. Tenant has (3) 5-Year Optional Extension Terms, each with 10% increases.
Lynchburg is part of the Tullahoma-Manchester micropolitan statistical area, which includes Moore County, where Lynchburg is the county seat.
PROPERTY FACTS
AMENITIES
- Monument Signage
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
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- Retailer
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99,999 SF
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$9.99
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Lorem Ipsum
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Jan 0000
DG is proud to be America’s neighborhood general store. We strive to make shopping hassle-free and affordable with convenient, easy-to-shop stores all across the states. DG's stores deliver everyday low prices on items including food, snacks, health and beauty aids, cleaning supplies, basic apparel, housewares, seasonal items, paper products and much more from America’s most-trusted brands and products, along with high-quality private brands. From serving their customers with value and convenience and their employees with career opportunities to serving the communities they call home through literacy and education, Dollar General has been committed to its mission of Serving Others since the company’s founding in 1939.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
|
|
Retailer | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 |
PROPERTY TAXES
| Parcel Number | 031E-B-008.00 | Improvements Assessment | $653,796 CAD |
| Land Assessment | $104,284 CAD | Total Assessment | $758,080 CAD |
