Discount
Dollar General Market | New 10-Yr. Lease
304 Creek St, Rocky Top, TN 37769
Listing Price: $1,652,000
Cap Rate
7.50%
Tenant Name
Dollar General
Years Remaining On Lease
8.9
Guarantor
Corporate Guarantee
Rentable SF
15,929
Lease Type
Double Net
Rent Per Square Feet
$7.78
Investment Overview
Marcus & Millichap is pleased to present the Dollar General in Rocky Top, TN.
Dollar General Market | New 10-Yr. Lease
Investment Highlights
- New 10-Year Lease, 10% Increases Every 5 Years Beginning in Each Option Period
- Upgraded Market Store, Larger Format with Expanded Produce/Grocery Offerings
- Investment Grade Credit Tenant, Rated 'BBB' by S&P
- Dollar General is the Nation's Largest Retailer with 19,000+ Stores
- Classified Nationally as an Essential Retailer for Daily Shopping Needs
- Interior/Exterior Completely Remodeled, New Roof, HVAC, and Parking Lot
- Serving Over 77,000 Residents in Growing Knoxville Suburb, 23 Miles Northwest of Downtown Knoxville
- Just Off I-75 with 43,025 Cars/Day, Direct Access to Downtown Knoxville and the Great Smoky Mountains with Over 14.1 Million Visitors Annually
Exclusively Listed By
Broker of Record
Financing By
Listing Price: $1,652,000
Cap Rate
7.50%
Tenant Name
Dollar General
Years Remaining On Lease
8.9
Guarantor
Corporate Guarantee
Rentable SF
15,929
Lease Type
Double Net
Rent Per Square Feet
$7.78
Investment Highlights
- New 10-Year Lease, 10% Increases Every 5 Years Beginning in Each Option Period
- Upgraded Market Store, Larger Format with Expanded Produce/Grocery Offerings
- Investment Grade Credit Tenant, Rated 'BBB' by S&P
- Dollar General is the Nation's Largest Retailer with 19,000+ Stores
- Classified Nationally as an Essential Retailer for Daily Shopping Needs
- Interior/Exterior Completely Remodeled, New Roof, HVAC, and Parking Lot
- Serving Over 77,000 Residents in Growing Knoxville Suburb, 23 Miles Northwest of Downtown Knoxville
- Just Off I-75 with 43,025 Cars/Day, Direct Access to Downtown Knoxville and the Great Smoky Mountains with Over 14.1 Million Visitors Annually
Investment Overview
Marcus & Millichap is pleased to present the Dollar General in Rocky Top, TN.
Exclusively Listed By
Broker of Record
Financing By
