Dollar General NNN Retail
For Sale
Contact for pricing
130 W Bernard Ave, Greeneville, TN 37743
Corporately guaranteed absolute NNN lease with renewal options and scheduled rental increases.
Property Size9,100 SF
Days on Market143
Property Features for 130 W Bernard Ave
General Information
Standard status
Active
Size
9,100 SF
Property subtype
Retail
Net Operating Income
$84,688
Additional Details
Cap Rate
6.75%
Building Details
Tenancy
Single
Listing Agency:
Fortis Net Lease
(248) 419-3810
Listed By:
Bryan Bender · License #MI 6501319610
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 29 at 5:12PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Fortis Net Lease
Investment Insights
Based on property information with market context.
This 9,100-square-foot Dollar General store is leased under a 15-year absolute NNN structure, with no landlord responsibilities stated. The lease includes two 5-year renewal options, each providing a 10% rental rate increase, and rent commenced on 1/31/2030. Dollar General Corporation provides the corporate guarantee and carries a BBB credit rating identified as investment grade.
The property is located at 130 W Bernard Ave in Greeneville, Tennessee. The site is described as highly visible, and the surrounding five-mile population is 28,581. Average household income within one mile is reported at $67,737 per year; financial amounts are excluded from listing copy. The offering provides fee-simple ownership of an operating store and may qualify for a 1031 exchange or passive investment strategy. The stated cap rate is 6.75%.
The property is located at 130 W Bernard Ave in Greeneville, Tennessee. The site is described as highly visible, and the surrounding five-mile population is 28,581. Average household income within one mile is reported at $67,737 per year; financial amounts are excluded from listing copy. The offering provides fee-simple ownership of an operating store and may qualify for a 1031 exchange or passive investment strategy. The stated cap rate is 6.75%.
Key Highlights
- 9,100 SF Dollar General store at 130 W Bernard Ave, Greeneville, TN 37743
- 15‑year absolute NNN lease with zero landlord responsibilities
- Two 5‑year renewal options, each with a 10% rental rate increase
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
745
Businesses Nearby
23k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Dollar General
Shops & Services
8,409 visits/mo
0.1 miles
Marathon Petroleum
Shops & Services
6,214 visits/mo
0.2 miles
Marathon Petroleum
Shops & Services
4,813 visits/mo
0.3 miles
Phillips 66
Shops & Services
3,748 visits/mo
0.2 miles
Demographics for 37743, TN
25,755
Population
11,203
Households
2.3
Avg Household Size
46
Median Age
17%
College-Educated
87%
High-School Grad
222.2 sq mi
ZIP Area
116
Density / Sq Mi
$52,802
Median Household Income
$34,983
Median Earnings
$729
Median Rent
$195,400
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Corporately guaranteed absolute NNN lease with renewal options and scheduled rental increases.
Where is this nnn property located?
The property is located at 130 W Bernard Ave Greeneville, TN.
What are key features of this property?
This property features: 9,100 SF Dollar General store at 130 W Bernard Ave, Greeneville, TN 37743; 15‑year absolute NNN lease with zero landlord responsibilities; Two 5‑year renewal options, each with a 10% rental rate increase
