4462 US-421
Bristol, TN 37620
Outer Bristol
HIGHLIGHTS
- Corporately Guaranteed Lease – Backed by Dollar General Corporation (NYSE: DG), which holds an investment-grade credit rating.
- Essential Retailer with Resilient Model – Dollar General was classified as an essential retailer during the COVID-19 pandemic.
- Strong Household Demographics – The average household income within a 5-mile radius is approximately $91,45, indicating solid consumer spending power.
- Growth-Oriented Tenant – Dollar General recently announced plans to open 450 new stores and remodel 2,000 existing locations in 2026.
- Absolute Triple Net (NNN) Lease – Features zero landlord responsibilities, providing a passive, management-free investment structure.
- Structured Rental Increases – Lease includes 5% rental escalations every five years during the primary term, supporting long-term income growth.
FOR SALE DETAILS
PRICE
$2,607,692 USD
PRICE/SF
$245 USD /SF
CAP RATE
6.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Convenience Store, Supermarket
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2024
SPRINKLERS
-
PARKING SPACES
37
LAND DETAILS
LAND ACRES
2.05 AC
LAND SF
89,298 SF
ZONING
-
APN/PARCEL ID
040H-A-003.00,082040H A 00300 001
ASK ABOUT THIS PROPERTY
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615-789-8730
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615-789-8730
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