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.
Dollar General | New 15-Yr. NNN
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
Financing By
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
Financing By
