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Drug Store

Dollar General | New 15-Yr. NNN

6041 Tazewell Pike, Knoxville, TN 37918

Listing Price: $2,305,000

Cap Rate
4.75%
Tenant Name
Dollar General
Years Remaining On Lease
15.3
Guarantor
Corporate Guarantee
Rentable SF
10,566
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$10.36

Investment Overview

Marcus & Millichap is pleased to present the Dollar General in Knoxville, TN.

Investment Highlights

  • 15-Year Absolute NNN Lease, No Landlord Responsibilities
  • 10% Increases Every 5 Years Beginning in Each Option Period
  • Investment Grade Credit Tenant, Rated 'BBB' by S&P
  • Dollar General is the Largest Retailer in the U.S. with 18,000+ Stores
  • Classified Nationally as an Essential Retailer for Daily Shopping Needs
  • Brand New 2022 Construction on Large 1.86 Acre Parcel
  • Serving Over 130,000 Residents in Growing Northern Suburb of Knoxville
  • Average Household Income Exceeds $72,000 within 3 and 5 Miles

Exclusively Listed By

Broker of Record

  • Jody McKibben

    First Vice President/Regional Manager

    (615) 997-2800

    License(s) TN: 307629

    Tennessee

Financing By

Drug Store

Dollar General | New 15-Yr. NNN

Listing Price: $2,305,000

Cap Rate
4.75%
Tenant Name
Dollar General
Years Remaining On Lease
15.3
Guarantor
Corporate Guarantee
Rentable SF
10,566
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$10.36

Investment Highlights

  • 15-Year Absolute NNN Lease, No Landlord Responsibilities
  • 10% Increases Every 5 Years Beginning in Each Option Period
  • Investment Grade Credit Tenant, Rated 'BBB' by S&P
  • Dollar General is the Largest Retailer in the U.S. with 18,000+ Stores
  • Classified Nationally as an Essential Retailer for Daily Shopping Needs
  • Brand New 2022 Construction on Large 1.86 Acre Parcel
  • Serving Over 130,000 Residents in Growing Northern Suburb of Knoxville
  • Average Household Income Exceeds $72,000 within 3 and 5 Miles

Investment Overview

Marcus & Millichap is pleased to present the Dollar General in Knoxville, TN.

Exclusively Listed By

Broker of Record

  • Jody McKibben

    First Vice President/Regional Manager

    (615) 997-2800

    License(s): TN: 307629

    Tennessee

Financing By

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