Dollar General
CONTACT US REGARDING THIS LISTING
PROPERTY ADDRESS
Scott Hwy., Robbins, TN 37852
PROPERTY INFORMATION
Price:
$1,123,849
Cap Rate:
6.65%
Term Remaining:
15 Years
Status:
Closed
INVESTMENT SUMMARY
Fortis Net Lease is pleased to present this brand new 9,100 SF Dollar General store, located in Robbins, TN. The property is encumbered with a
Fifteen (15) Year Absolute NNN Lease, leaving zero landlord responsibilities. The lease contains Five (5) Yr. Options to renew, each with a 10%
rental rate increase. The lease is corporately guaranteed by Dollar General Corporation which holds a credit rating of “BBB”, which is classified
as Investment Grade. The rent is scheduled commence in April of 2016, with the store opening shortly thereafter.