Strawberry Plains, TN - Dollar General

Description:

• The tenant, Dollar General, has over 5 years remaining on it’s current lease term with 3 (5-year) options to extend
• DG has expressed interest in extending lease early, new buyer has option to hold (Contact Agent for Details)
• This store is in the top 40% of all stores in TN
• The lease is corporate guaranteed by Dollar General, Corp., an investment grade (S&P: BBB), nationally recognized, and an established discount store with more than 19,720 locations in 47 states as of November 2023

• Dollar General is strategically along U.S. Hwy 11E averaging 17,300 VPD
• With extremely limited nearby competition, the subject property offers an immediate discount store option for highway travelers and locals alike
• There are several zinc mining and quarries less than a mile from the subject property which increases traffic to the asset