Dollar General Mini Market
Single-Tenant Offerings
Dollar General Mini Market
6336 Highway 111
Cookeville, TN
- Price:
- $2,022,000
- Cap Rate:
- 6.70%
- NOI:
- $135,480
- Rentable SQFT:
- 10,640 SF
- Year Built:
- 2025
- Lot Size:
- 2.62 +/- Acres
- Lease Type:
- Absolute NNN
- Status:
- Available
Investment Highlights
- 15-Year Absolute NNN Lease, No Landlord Responsibilities
- Rare 5% Rental Increases Every 5 Years Throughout the Base Term and Options
- Upgraded Market Store with Expanded Produce/Grocery Offerings
- Investment Grade Credit Tenant, Rated ‘BBB’ by S&P
- Dollar General is the Nation’s Largest Retailer with 19,700+ Stores
- Brand New 2024 Construction on an Oversized Parcel
- Serving Over 43,000 Residents in Growing Trade Area, East of Downtown Nashville
- Strong Average Household Incomes Exceed $71,000 within 3 Miles
- Highly Visible Along Major North/South Artery with 17,986 Cars/Day, Direct Access to Chattanooga
- Close Proximity to Tennessee Tech University with 11,000 Students and Several K-12 Schools with 6,000+ Students
- Minutes to Cookeville Regional Medical Center with 2,647 Employees, Serving More Than 300,000 Residents
- Strong Daytime Population, Over 21,500 Employees in Surrounding Trade Area
- South of Dale Hollow Lake State Park with 3+ Million Visitors Annually
- West of Big South Fork National River and Recreation Area with Approximately 800,000 Visitors Annually
- Situated in the Heart of the Appalachian Region where Tourism is the Fastest Growing Industry
- Cookeville is a Regional Economic and Retail Hub for Several Counties in Tennessee and Extending Across the Kentucky Stateline
- Tax Free State, No State Income Tax in Tennessee
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