Wartburg, TN - Dollar General

Description:

• Over 6 year remaining on the primary lease term with 3 (5-Year) options to renew
• Scheduled 10% rent escalations every 5 years increase NOI and provide a reliable hedge against Inflation
• The tenant, Dolgencorp, LLC, is a wholly owned subsidiary of Dollar General Corporation (NYSE: DG), an investment-grade (S&P: BBB), nationally recognized discount retailer with over 20,580 locations nationwide as of May 2025

• Positioned in a rural market with limited retail competition, the property serves as the only Dollar General within a 5-mile radius, establishing it as a critical destination for everyday essentials and supporting site-level sales
• According to Placer.AI, this location ranks in the top 50% of all Dollar General in the country
• As a leading discount retailer, Dollar General has demonstrated resilience through economic cycles, consistently attracting foot traffic and maintaining tenant strength
• The store is surrounded by state parks such as Lone Mountain State Park, Frozen Head State Park, and other attractions like Middle Fork Falls and a Historic Brushy Mountain State Penitentiary
• Just 45 minutes from Knoxville, TN, the third-largest city in the state with over 200,000 residents, one of the fastest-growing cities in the U.S., with population increasing by nearly 1% annually

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Listing ID: a28TP000001fCZJYA2