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Dollar General | New 15-Yr. NNN Lease

Rock Creek Road & TN-30, Athens, TN 37303

Listing Price: $1,706,000

Cap Rate
6.05%
Tenant Name
Dollar General
Years Remaining On Lease
15.2
Guarantor
Corporate Guarantee
Rentable SF
10,566
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$9.77

Investment Overview

Marcus & Millichap is pleased to present the Dollar General in Athens, 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 Nation's Largest Retailer with 19,000+ Stores
  • Classified Nationally as an Essential Retailer for Daily Shopping Needs
  • Brand New 2023 Construction on Oversized Parcel
  • Serving Over 54,000 Residents in Growing McMinn County, 48 Miles Northeast of Knoxville
  • Situated in the Foothills of the Great Smoky Mountains with Over 14.1 Million Visitors Annually

Exclusively Listed By

Broker of Record

  • Jody McKibben

    First Vice President/Regional Manager

    (615) 997-2800

    License(s) TN: 307629

    Tennessee

Financing By

Discount

Dollar General | New 15-Yr. NNN Lease

Listing Price: $1,706,000

Cap Rate
6.05%
Tenant Name
Dollar General
Years Remaining On Lease
15.2
Guarantor
Corporate Guarantee
Rentable SF
10,566
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$9.77

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 Nation's Largest Retailer with 19,000+ Stores
  • Classified Nationally as an Essential Retailer for Daily Shopping Needs
  • Brand New 2023 Construction on Oversized Parcel
  • Serving Over 54,000 Residents in Growing McMinn County, 48 Miles Northeast of Knoxville
  • Situated in the Foothills of the Great Smoky Mountains with Over 14.1 Million Visitors Annually

Investment Overview

Marcus & Millichap is pleased to present the Dollar General in Athens, 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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