September 9, 2025 – Chris King and Matt Nadler of Horvath & Tremblay have successfully completed the sale of Dollar General in Columbia, Tennessee. Horvath & Tremblay exclusively represented the seller and sourced the buyer to complete the transaction at a sale price of $970,000.
Dollar General is located at 4217 Highway 431 in Columbia, Tennessee. Constructed in 2015, Dollar General has 5 years remaining on their Triple Net Lease with three (3), 5-year renewal options. The lease features attractive 10% rent increases at the start of each renewal option. Dollar General is located along US Highway 431, a primary north-south corridor that connects Columbia with surrounding rural communities. The Property is approximately eleven miles east of Downtown Columbia and offers convenient access to major regional routes including U.S. Route 31, U.S. Highway 412, and Interstate 65. Dollar General benefits from limited competition in the immediate area, with the nearest dollar store, supermarket/grocery store, Walmart or pharmacy approximately 5 miles away. Columbia is situated in southern Middle Tennessee, approximately 45 miles south of Nashville, and serves as a key hub within the greater Nashville metropolitan area.
Horvath & Tremblay is one of the most active and successful Investment Real Estate Brokerage firms in the United States. Our advisors specialize in the sale of single tenant net-lease assets and retail shopping centers. They have experience successfully structuring sale lease-back programs, portfolio dispositions, and 1031 exchanges. Horvath & Tremblay is dedicated to being the best source of information and expertise in the marketplace for private investors, developers, institutions, and industry professionals.