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Dollar General 150 Cedar Ln 9,230 SF Retail Building Allons, TN 38541 $976,056 ($105.75/SF) 7.15% Cap Rate



Investment Highlights
- 6.75 Years of Guaranteed Lease Term (Lease Exp: February 2033)
- 9,230 SF Building - 2.16 Acre Parcel
- Located 13 Miles from Dale Hollow Lake - 27,700 Acre Reservoir Spanning 620 Miles - Attracts 3 Million Visitors Each Year
- 2018 Build-to-Suit Construction
- Absolute NNN Lease with ZERO Management Responsibilities
- Allons is Located Approximately: 24 Miles from Cookeville, TN; 105 Miles from Nashville, TN; and 111 Miles from Knoxville, TN
Executive Summary
In Conjunction With: Angela Heering (Turner & Associates Realty, Inc.?)
TN License #317503
Property Facts
Amenities
- Pylon Sign
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Retailer
- -
- -
- Feb 2033
Dollar General began in 1939 as J.L. Turner and Son, a family business rooted in Scottsville, Kentucky, and later adopted the Dollar General name as the business expanded. The company built its model around small-box discount retailing and a simple mission centered on serving customers with affordable products and services. The company offers food, health and wellness products, cleaning and laundry supplies, self-care and beauty items, and seasonal décor, sold through Dollar General, DG Market, DGX, pOpshelf, and Mi Súper Dollar General formats. Dollar General also sells products online and combines private brands with widely recognized national brands across a broad consumer mix.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
Retailer | - | - | Feb 2033 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $325,855 | |
| Land Assessment | $20,175 | Total Assessment | $346,030 |

