Discount
Dollar General Mini Market | New 15-Yr. Absolute NNN with Increases
Jones Cove Road (Near Sharp Road), Sevierville (East of Knoxville), TN 37876
Listing Price: $2,390,000
Cap Rate
6.65%
Tenant Name
Dollar General
Years Remaining On Lease
15.3
Guarantor
Corporate Guarantee
Rentable SF
10,566
Lease Type
Absolute Net
Rent Per Square Feet
$15.04
Investment Overview
Marcus & Millichap is pleased to present the Dollar General Mini market in Sevierville, TN.
Dollar General Mini Market | New 15-Yr. Absolute NNN with Increases
Investment Highlights
- 15-Year Absolute NNN Lease, No Landlord Responsibilities
- Rare 5% Increases Every 5 Years Throughout the Base Term and Options
- Upgraded Market Store with Expanded Produce/Grocery Items
- Investment Grade Credit Tenant, Rated 'BBB' by S&P
- Dollar General is the Largest Retailer in the U.S. with 19,700+ Stores
- Classified Nationally as an Essential Retailer for Daily Shopping Needs
- Brand New 2024 Construction on an Oversized Parcel
- Serving Over 55,124 Residents in Rapidly Growing Trade Area, 33 Miles to Downtown Knoxville
Exclusively Listed By
Broker of Record
Financing By
Discount
Dollar General Mini Market | New 15-Yr. Absolute NNN with Increases
Listing Price: $2,390,000
Cap Rate
6.65%
Tenant Name
Dollar General
Years Remaining On Lease
15.3
Guarantor
Corporate Guarantee
Rentable SF
10,566
Lease Type
Absolute Net
Rent Per Square Feet
$15.04
Investment Highlights
- 15-Year Absolute NNN Lease, No Landlord Responsibilities
- Rare 5% Increases Every 5 Years Throughout the Base Term and Options
- Upgraded Market Store with Expanded Produce/Grocery Items
- Investment Grade Credit Tenant, Rated 'BBB' by S&P
- Dollar General is the Largest Retailer in the U.S. with 19,700+ Stores
- Classified Nationally as an Essential Retailer for Daily Shopping Needs
- Brand New 2024 Construction on an Oversized Parcel
- Serving Over 55,124 Residents in Rapidly Growing Trade Area, 33 Miles to Downtown Knoxville
Investment Overview
Marcus & Millichap is pleased to present the Dollar General Mini market in Sevierville, TN.
Exclusively Listed By
Broker of Record
Financing By
