Tenant: Dollar General | Cookeville, TN Premises: 9,100 SF Renewal Options: 3 x 5 Years
Lease Expiration: 5/31/2027 Lease Type: NNN Rental Increases: 3% at Year 11
Sands Investment Group is Pleased to Exclusively Offer This Dollar General Triple Net Lease Investment Opportunity Located in Cookeville, Tennessee.
Triple Net (NNN) Lease With Zero Landlord Responsibility
3% Rent Increase at Year 11
8-Miles North From Downtown Cookeville; Known For Being the Best Place For a “Fit-Cation” Due to the Caves, Trails, Lakes, Hiking, Climbing and Spelunking; the “Fittest Man on Earth” Runs the Local CrossFit Gym
Population of 10,254 Residents With an Average Household Income of $63,881 Within a 5-Mile Radius of the Site
Located Just 10 Minutes From the Tennessee Tech University Serving Over 10,000 Students and Staff
Cummins Falls State Park is Just 3-Miles Away and Offers a 282 Acre Park Known For Its 75’ Waterfall, Swimming Holes, Trailheads, Overlook and Picnic Areas
Dodson Branch Hwy (Hwy 135) Runs South Into I-40 (Over 51,900 VPD Through Cookeville) Which Goes West Into Nashville (1.5 Hours) or East Into Knoxville (2 Hours)
Nearby Tenants Include: Electric Fence Light Company, Mount Zion Church, Spring Creek Church, Dodson Branch Volunteer Fire Station and Rupert’s Racing Products
In Cooperation with Sands Investment Group Tennessee, LLC
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Tenant Overview
Dollar General Corporation (NASDQ: 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.
Dollar General operates over 15,472 stores in 44 states as of March 1, 2019. For fiscal 2018, Dollar General executed approximately 2,000 real estate projects comprised of 900 new stories, 1,000 store remodels and 100 store relocations. 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.