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Dollar General Market | New 10-Yr. Lease

304 Creek St, Rocky Top, TN 37769

Listing Price: $1,937,000

Cap Rate
6.40%
Tenant Name
Dollar General
Years Remaining On Lease
10.1
Guarantor
Corporate Guarantee
Rentable SF
15,929
Lease Type
Double Net
Rent Per Square Feet
$7.78

Investment Overview

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

Investment Highlights

  • New 10-Year Lease, 10% Increases Every 5 Years Beginning in Each Option Period
  • Upgraded Market Store, Larger Format with Expanded Produce/Grocery Offerings
  • 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
  • Interior/Exterior Completely Remodeled, New Roof, HVAC, and Parking Lot
  • Serving Over 77,000 Residents in Growing Knoxville Suburb, 23 Miles Northwest of Downtown Knoxville
  • Just Off I-75 with 43,025 Cars/Day, Direct Access to Downtown Knoxville and 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 Market | New 10-Yr. Lease

Listing Price: $1,937,000

Cap Rate
6.40%
Tenant Name
Dollar General
Years Remaining On Lease
10.1
Guarantor
Corporate Guarantee
Rentable SF
15,929
Lease Type
Double Net
Rent Per Square Feet
$7.78

Investment Highlights

  • New 10-Year Lease, 10% Increases Every 5 Years Beginning in Each Option Period
  • Upgraded Market Store, Larger Format with Expanded Produce/Grocery Offerings
  • 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
  • Interior/Exterior Completely Remodeled, New Roof, HVAC, and Parking Lot
  • Serving Over 77,000 Residents in Growing Knoxville Suburb, 23 Miles Northwest of Downtown Knoxville
  • Just Off I-75 with 43,025 Cars/Day, Direct Access to Downtown Knoxville and the Great Smoky Mountains with Over 14.1 Million Visitors Annually

Investment Overview

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