Brand New Dollar General | Thorn Hill, TN | 6.85% Cap Rate

Property Description

Randall Commercial Group, LLC is pleased to exclusively offer for sale this brand new, free standing Dollar General located in Thorn Hill, TN.  The subject property has a 15-year, NNN lease commencing June 27, 2018. Dollar General is an investment grade tenant with a Standard & Poor’s “BBB” credit rating.

Click HERE for Offering Memorandum

  • Asking Price:  $1,316,281
  • Cap Rate:  6.85%
  • Annual Rent/NOI:  $90,165.24
  • Building Size:  +/-9,100 sq. ft.*
  • Lot Size:  +/-1.60 acres*
  • Lease Type:  NNN | 15-years
  • Lease Commencement Date:  June 27, 2018
  • Address:  8435 Highway 31 | Thorn Hill, TN 37881

*Source:   Landlord Provided Data (i.e. Lease, Site Plans, etc.)

*Owner-Agency Disclosure:  An owner-agency relationship exists with an Associate Broker of Randall Commercial Group, LLC and the owner of the Subject Property located at 8435 Highway 31, Thorn Hill, TN.  The Associate Broker has an ownership interest in the Subject Property located at 8435 Highway 31, Thorn Hill, TN and other business with the Manager of the ownership entity.

General Info

Category: For Sale

Type: Investment, Retail

Price: $1,316,281 | 6.85%

Address: 8435 Highway 31, Thorn Hill, TN 37881

Listing Page: Click to View Loopnet Listing Page

Bookmark the permalink.