Discount
Dollar General Market | Rare 5% Rental Increases Every 5 Years | Absolute NNN
Kingston Hwy & Ladd Wright Rd, Kingston (West of Knoxville), TN 37763
Listing Price: $2,195,000
Cap Rate
6.50%
Tenant Name
Dollar General
Years Remaining On Lease
14.2
Guarantor
Corporate Guarantee
Rentable SF
12,668
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$11.26
Investment Overview
Marcus & Millichap is pleased to present the Dollar General in Kingston, TN.
Dollar General Market | Rare 5% Rental Increases Every 5 Years | Absolute NNN
Investment Highlights
- 15-Year Absolute NNN Lease, No Landlord Responsibilities
- Rare 5% Rental Increases Every 5 Years Throughout the Base Term and Options
- 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
- Brand New 2023 Construction on an Oversized Parcel
- Serving Over 54,000 Residents in Roane County, 33 Miles West of Downtown Knoxville
Exclusively Listed By
Broker of Record
Financing By
Discount
Dollar General Market | Rare 5% Rental Increases Every 5 Years | Absolute NNN
Listing Price: $2,195,000
Cap Rate
6.50%
Tenant Name
Dollar General
Years Remaining On Lease
14.2
Guarantor
Corporate Guarantee
Rentable SF
12,668
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$11.26
Investment Highlights
- 15-Year Absolute NNN Lease, No Landlord Responsibilities
- Rare 5% Rental Increases Every 5 Years Throughout the Base Term and Options
- 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
- Brand New 2023 Construction on an Oversized Parcel
- Serving Over 54,000 Residents in Roane County, 33 Miles West of Downtown Knoxville
Investment Overview
Marcus & Millichap is pleased to present the Dollar General in Kingston, TN.
Exclusively Listed By
Broker of Record
Financing By
