Clairfield, TN - Dollar General

Description:

• The tenant currently has over 12 years remaining with 5 (5-year) options to extend, demonstrating their commitment to the site
• The lease features 10% rental increases at the beginning of each option period, growing NOI and hedging against inflation
• As of May 3, 2024, the Company’s 20,149 Dollar General, DG Market, DGX and pOpshelf stores across the United States

• The asset is located along State Hwy 90
• With extremely limited nearby competition, the subject property offers an immediate discount store option for highway travelers and locals alike
• The site is directly across the street from Clairfield Elementary School (74 students), further increasing consumer traffic to the immediate trade area
• The asset has excellent visibility via significant street frontage and large pylon sign