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