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4060 Scott Hwy
Robbins, TN 37852
Dollar General in Tennessee · Retail Property For Sale
PROPERTY FACTS
Amenities
- Corner Lot
- Pylon Sign
- Security System
- Tenant Controlled HVAC
- Air Conditioning
About 4060 Scott Hwy , Robbins, TN 37852
A solid and stable investment with "12 years remaining" on the initial term of this Dollar General Store with an "Absolute NNN" lease and no landlord responsibilities with a "Corporate Guarantee", built in 2016. Excellent location in the growing town of Robbins, Tennessee. DG has a total of 15,370 stores in 44 states with 135,000 employees. Last sales figures for this tenant nationally have increased by 9.2% to $23.57 Billion with a ranking of 123rd from the "Fortune 500". Same-store sales rose by 4% for the Tennessee-based company. Current S&P credit rating is BBB which is considered investment grade with a net income of $1.6 Billion. The initial 15 year term started on 5/11/16. There are also five 5 year options for renewal with 10% increases for each renewal period. Perfect for a 1031 exchange into a passive investment.
PROPERTY TAXES
| Parcel Number | 120-056.01 | Improvements Assessment | £239,993 |
| Land Assessment | £36,806 | Total Assessment | £276,800 |
PROPERTY TAXES
