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4462 US-421 10,640 SF Retail Building Bristol, TN 37620 $3,620,833 CAD ($340.30 CAD/SF) 6.50% Cap Rate
INVESTMENT HIGHLIGHTS
- Corporately Guaranteed Lease – Backed by Dollar General Corporation (NYSE: DG), which holds an investment-grade credit rating.
- Strong Household Demographics – The average household income within a 5-mile radius is approximately $91,45, indicating solid consumer spending power.
- Absolute Triple Net (NNN) Lease – Features zero landlord responsibilities, providing a passive, management-free investment structure.
- Essential Retailer with Resilient Model – Dollar General was classified as an essential retailer during the COVID-19 pandemic.
- Growth-Oriented Tenant – Dollar General recently announced plans to open 450 new stores and remodel 2,000 existing locations in 2026.
- Structured Rental Increases – Lease includes 5% rental escalations every five years during the primary term, supporting long-term income growth.
EXECUTIVE SUMMARY
Hutt Cooke
License # 263667 (TN)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550
PROPERTY FACTS
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
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- Retailer
- -
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$9.99
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Lorem Ipsum
-
Jan 0000
DG is proud to be America’s neighborhood general store. They strive to make shopping hassle-free and affordable with convenient, easy-to-shop stores all across the states. DG's stores deliver everyday low prices on items including food, snacks, health and beauty aids, cleaning supplies, basic apparel, housewares, seasonal items, paper products and much more from America’s most-trusted brands and products, along with high-quality private brands. From serving their customers with value and convenience and their employees with career opportunities to serving the communities they call home through literacy and education, Dollar General has been committed to its mission of Serving Others since the company’s founding in 1939.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
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Retailer | - | $9.99 | Lorem Ipsum | Jan 0000 |
PROPERTY TAXES
| Parcel Number | 040H-A-003.00 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $582,290 CAD |
PROPERTY TAXES
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4462 US-421
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