6513 Tn-28Dunlap, TN 37327

This exceptional investment opportunity presents a 9,174 square foot Dollar General store located at 6513 TN-28, Dunlap, TN 37327. The property sits on a 1.34-acre lot and boasts a strong 8.50% cap rate, generating a Net Operating Income (NOI) of $44,220. Built in 2004, this single-tenant retail building is currently 100% occupied under a Net Lease (NN) agreement with a credit-rated, corporate-guaranteed tenant. The lease commenced May 1, 2004, and expires April 30, 2029, with 4.5 years remaining. Three five-year lease options remain, each including a 10% rent increase. The property benefits from its location directly off Highway 28, less than a mile from other national retailers like Walgreens, Tractor Supply Co., McDonald's, and Domino's Pizza, and near several schools. The average household income of $72,506 in the area is considered ideal for Dollar General's target demographic. Dollar General's strong financial position, including an investment-grade credit rating of BBB (S&P), a market cap of approximately $30 billion, and its history as an essential retailer, further enhances the investment's stability and potential for long-term growth. This is a rare opportunity to acquire a well-performing, low-risk retail investment with a proven track record and significant upside potential. The asking price is $520,235.