Dollar General 7006 Cumberland Gap Pky

DOLLAR GENERAL
Dollar General (NYSE: DG) is the largest (by store count) small box discount retailer in the United States.
Dollar General has a total store count of more than 19,000 with more than 1,000 new store openings in 2023 and 800
New Stores scheduled for 2024 - Indication of Tenant’s Commitment to store efficiency and growth in sales.
Dollar General is one of few Net Lease Retailers within the industry that are combined corporately guaranteed and a healthy credit rating making it a perfect tenant to gain safe leverage. Dollar General is a BBB credit rating by Standard & Poor agency.
Dollar General’s strategy is to be th “Walmart” of small towns or provide hassle-free experience to customers by providing a carefully crafted assortment of the most popular brands to the consumer.
Dollar General is a strong company financially with a 10.6% increase in net sales boasting a total sales of more than $40 Billion (2023) and a same store growth of 4.3%.

LOCAL MARKET
HARROGATE, TN
Nestled in the serene beauty of Tennessee, Harrogate, TN, is a charming city known for its wellpreserved historic downtown. Picture-perfect brick buildings line the streets, housing local shops and eateries, creating a quaint and inviting atmosphere. Despite its small size, with a population of over 4,400, Harrogate fosters a tight-knit community feel. Plus, it’s conveniently located within driving distance of major cities like Knoxville and Chattanooga. Throughout the year, the city comes alive with festivals and events that celebrate its rich heritage, bringing residents together for fun and camaraderie.
LINCOLN MEMORIAL UNIVERSITY
Lincoln Memorial University (LMU) in Harrogate, TN, stands as a distinguished institution with a rich heritage dating back to 1897, inspired by President Abraham Lincoln’s vision of education’s transformative power. LMU offers a diverse array of undergraduate, graduate, and professiona programs to its over 5,100 students across various fields, fostering a culture of academic excellence and hands-on learning. Set against the backdrop of the Appalachian landscape, LMU’s sprawling campus provides an ideal environment for growth and exploration. With a strong emphasis on community engagement and service, LMU encourages students to make a meaningful impact both on campus and beyond, preparing them to become compassionate leaders in their respective fields.
CLAIBORNE COUNTY, TN
Claiborne County, nestled in the scenic beauty of Tennessee, is a region experiencing steady growth and prosperity. With a population of over 32,400, the county has seen consistent growth in recent years, fueled by its attractive mix of natural charm, historic appeal, and close-knit communities. From the quaint towns of Harrogate and Tazewell to its picturesque landscapes of rolling hills and lush forests, Claiborne County offers a peaceful yet vibrant lifestyle for its residents. With easy access to metropolitan centers like Knoxville, the county serves as an ideal blend of rural tranquility and urban convenience, attracting newcomers seeking a balanced way of life amidst its thriving communities.