Tenant: Dollar General | Bartlett, TN
Premises: 9,100 SF
Renewal Options: 5 x 5 Years
Lease Expiration: 7/31/2028
Lease Type: NN
Rental Increases: 3% In Year 11 and 10% Increases at Options
Sands Investment Group is Pleased to Present Exclusively For Sale the 9,100 SF Dollar General NN Asset Located at 7889 U.S. Highway 70 in Bartlett, Tennessee. This Deal Includes a Corporate Guaranteed Lease With Rare 3% Increases in the Primary Term, Providing For a Secure Investment.
In Cooperation With Sands Investment Group Tennessee, LLC – Lic. #263973
Read Additional Thought Leadership Content From SIG, Specializing in Absolute Triple Net Lease Opportunities
Dollar General Corporation (NYSE: DG) was founded in 1939 and has been delivering value to shoppers for over 75 years. Dollar General helps shoppers Save time. Save money.
Every day! by offering products that are frequently used and replenished, such as food, snacks, health and beauty aids, cleaning supplies, basic apparel, housewares and seasonal items at low everyday prices in convenient neighborhood locations. In addition to high quality private brands, Dollar General sells products from America’s most-trusted brands such as Clorox, Energizer, Procter & Gamble, Hanes, Coca-Cola, Mars, Unilever, Nestle, Kimberly-Clark, Kellogg’s, General Mills, and PepsiCo.
As of February 26, 2021, Dollar General Corporation operated 17,266 stores in 46 states in the United States. For fiscal 2019, Dollar General executed approximately 2,600 real estate projects comprised of 1000 new stores, 1,500 store remodels and 80 store relocations. For the 52-week fiscal year ending January 29, 2021 (“fiscal year 2020”), the company plans to execute nearly 2,600 real estate projects, including 1,000 new store openings, 1,500 mature store remodels, and 80 store relocations. The company continues to expect capital expenditures in the range of $775 million to $825 million.
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