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4462 US-421 10,640 SF Retail Building Bristol, TN 37620 $2,607,692 ($245.08/SF) 6.50% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Corporately Guaranteed Lease – Backed by Dollar General Corporation (NYSE: DG), which holds an investment-grade credit rating.
  • Strong Household Demographics – The average household income within a 5-mile radius is approximately $91,45, indicating solid consumer spending power.
  • Absolute Triple Net (NNN) Lease – Features zero landlord responsibilities, providing a passive, management-free investment structure.
  • Essential Retailer with Resilient Model – Dollar General was classified as an essential retailer during the COVID-19 pandemic.
  • Growth-Oriented Tenant – Dollar General recently announced plans to open 450 new stores and remodel 2,000 existing locations in 2026.
  • Structured Rental Increases – Lease includes 5% rental escalations every five years during the primary term, supporting long-term income growth.

EXECUTIVE SUMMARY

Broker of Record
Hutt Cooke
License # 263667 (TN)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,640 SF
Building Class
B
Year Built
2024
Price
$2,607,692
Price Per SF
$245.08
Cap Rate
6.50%
NOI
$169,500
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
2.05 AC
Parking
37 Spaces (3.48 Spaces per 1,000 SF Leased)
Frontage
129’ on U.S. 421

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Retailer
  • -
  • $9.99
  • Lorem Ipsum
  • Jan 0000

DG is proud to be America’s neighborhood general store. They 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 - $9.99 Lorem Ipsum Jan 0000

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
040H-A-003.00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$419,360
  • Listing ID: 39084457

  • Date on Market: 1/14/2026

  • Last Updated:

  • Address: 4462 US-421, Bristol, TN 37620

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