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7016 N 1st St
Milan, TN 38358
Dollar General Portfolio · Retail Property For Sale
Property Facts
About 7016 N 1ST ST , MILAN, TN 38358
The subject offering is a portfolio of single tenant NNN leased Dollar Generals. There are 8 separate locations, 6 in Tennessee and 2 in Kentucky. The locations can be acquired individually. The leases are all triple net with 15 year year terms and 5 subsequent five year options. All terms have over +10 years remaining of term with the average having 13 1/2 years remaining. Each store has 10% rent increases in each of the option periods and is flat throughout the initial term. This portfolio offers an investor the opportunity to acquire a long term NNN leased portfolio within a manageable geographic trade are with an investment grade tenant and corporate guaranteed leases. There are eight separate locations please request offering memorandum for location specific details.
Property Taxes
| Parcel Number | 123-017.02 | Improvements Assessment | $323,480 |
| Land Assessment | $36,000 | Total Assessment | $359,480 |
Property Taxes
