8.75% CAP. New free standing Dollar General. Completed October 2008. NNN 10 year initial term lease with 5-5 year options. Dollar General is a national company
Located in Lincoln County, Tennessee. 30 minutes from Huntsville, Alabama.
New free standing retail building. 10 year NNN lease with 5-5 year options with Dollar General.
Dollar General is a national company and has been in business since 1939 and is a $9.2 billion company as a leader in the Dollar store market with over 8,222 stores of as February 2008. It was acquired by one of the world's first private equity firms based in NY, Kohlberg, Kravis Roberts & Co. (KKR) in 2007. KKR announced Monday, July 28, 2008 of tentative plans to go public on the NYSE.
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