Discount
Dollar General Mini Market | New 15-Yr. Absolute NNN with Increases
Fenell Road & Rutledge Pike, Blaine (Knoxville MSA), TN 37709
Listing Price: $1,914,000
Cap Rate
6.70%
Tenant Name
Dollar General
Years Remaining On Lease
15.3
Guarantor
Corporate Guarantee
Rentable SF
10,640
Lease Type
Absolute Net
Rent Per Square Feet
$12.05
Investment Overview
Marcus & Millichap is pleased to present the Dollar General Mini Market in Blaine, TN.
Dollar General Mini Market | New 15-Yr. Absolute NNN with Increases
Investment Highlights
- 15-Year Absolute NNN Lease, No Landlord Responsibilities
- Rare 5% Rental Increases Every 5 Years Throughout the Base Term and Options
- 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 23,700 Residents in a Growing Grainger County
- Hard Corner Location Along Major East/West Artery with 11,632 Cars/Day, Direct Access to Knoxville and Kingsport
Exclusively Listed By
Broker of Record
Financing By
Discount
Dollar General Mini Market | New 15-Yr. Absolute NNN with Increases
Listing Price: $1,914,000
Cap Rate
6.70%
Tenant Name
Dollar General
Years Remaining On Lease
15.3
Guarantor
Corporate Guarantee
Rentable SF
10,640
Lease Type
Absolute Net
Rent Per Square Feet
$12.05
Investment Highlights
- 15-Year Absolute NNN Lease, No Landlord Responsibilities
- Rare 5% Rental Increases Every 5 Years Throughout the Base Term and Options
- 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 23,700 Residents in a Growing Grainger County
- Hard Corner Location Along Major East/West Artery with 11,632 Cars/Day, Direct Access to Knoxville and Kingsport
Investment Overview
Marcus & Millichap is pleased to present the Dollar General Mini Market in Blaine, TN.
Exclusively Listed By
Broker of Record
Financing By
