dollar-general-crossville-tn

2018 build-to-suit construction for Dollar General
±7.5 Years remaining on an initial 15-year lease, which includes Five, 5-Year extension options all of which include a 10% rent increase
Absolute NNN lease structure with zero management responsibilities
Corporately guaranteed lease from Dollar General Corporation (S&P: BBB)
Tennessee is an income tax free state
Located along Highway 127 S with average daily traffic counts exceeding ±11,000 vehicles
Crossville is located approximately 65 mile west of Knoxville and has an estimated population of 12,600 residents
Known as the “Golf Capital of Tennessee,” Crossville benefits from a strong tourism and retirement-driven economy
Dollar General operates ±21,000 locations and plans to continue their expansion for the foreseeable future
Dollar General has an investment-grade credit rating of BBB (S&P)
Dollar General was considered an essential retailer and has proven to be one of the most profitable companies through the COVID-19 pandemic
Dollar General has a market cap of ± 25 billion

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