Property Description
Absolute NNN Lease: No landlord responsibilities
Investment Grade Tenant: Corporate Guarantee (S&P Rating: BBB)
Positive Population Growth: Population within the 1 and 3-mile trade areas has increased since 2020. Third-party demographic providers project continued growth.
Daily Traffic: +/- 4,000 vehicles pass the site per day, giving great visibility to the store
Minimal Competition: The nearest Dollar General locations are approximately 8 miles away from this property
Essential to Community: Limited nearby grocery options, with the nearest full-service grocery approximately 7.5 miles away.
Income Tax Free State: Tennessee has no income tax, resulting in a favorable tax environment for investors
Upside on Renewal: First renewal option includes a 10% rental increase.
Offering Memorandum
Property Details
Property Type
Retail
Size
9,100
Net-Lease
NNN
Acres
1.77
Property Location
8060 Clay County Hwy, Moss, TN 38575, USA
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