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Dollar General Mini Market | New 15-Yr. Absolute NNN with Increases

1801 Maryville Pike, Knoxville, TN 37920

Listing Price: $2,225,000

Cap Rate
6.35%
Tenant Name
Dollar General
Years Remaining On Lease
15.2
Guarantor
Corporate Guarantee
Rentable SF
10,767
Lease Type
Absolute Net
Rent Per Square Feet
$13.12

Investment Overview

Marcus & Millichap is pleased to present the Dollar General Mini Market in Knoxville, TN.

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 2024 Construction on an Oversized Parcel
  • Serving Over 100,000 Residents in Growing Knoxville Suburb, 3 Miles South of Downtown Knoxville

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 Mini Market | New 15-Yr. Absolute NNN with Increases

Listing Price: $2,225,000

Cap Rate
6.35%
Tenant Name
Dollar General
Years Remaining On Lease
15.2
Guarantor
Corporate Guarantee
Rentable SF
10,767
Lease Type
Absolute Net
Rent Per Square Feet
$13.12

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 2024 Construction on an Oversized Parcel
  • Serving Over 100,000 Residents in Growing Knoxville Suburb, 3 Miles South of Downtown Knoxville

Investment Overview

Marcus & Millichap is pleased to present the Dollar General Mini Market in Knoxville, 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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