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Dollar General Market | 5% Increases Every 5 Years | 15-Year NNN

Blair Road & Poplar Creek Road, Oliver Springs (West of Knoxville), TN 37840

Listing Price: $2,136,000

Cap Rate
6.70%
Tenant Name
Dollar General Market
Years Remaining On Lease
15.2
Guarantor
Corporate Guarantee
Rentable SF
12,480
Lease Type
Absolute Net
Rent Per Square Feet
$11.47

Investment Overview

Marcus & Millichap is pleased to present the Dollar General Market in Oliver Springs, TN.

Investment Highlights

  • 15-Year Absolute NNN Lease, No Landlord Responsibilities
  • Rare 5% Increases Every 5 Years Throughout the Base Term and Options
  • Upgraded Market Store, Larger Format with Expanded Produce/Grocery Items
  • Investment Grade Credit Tenant, Rated 'BBB' by S&P
  • Dollar General is the Largest Retailer in the U.S. with 19,700+ Stores
  • Classified Nationally as an Essential Retailer for Daily Shopping Needs
  • Brand New 2024 Construction on Oversized Parcel

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 | 5% Increases Every 5 Years | 15-Year NNN

Listing Price: $2,136,000

Cap Rate
6.70%
Tenant Name
Dollar General Market
Years Remaining On Lease
15.2
Guarantor
Corporate Guarantee
Rentable SF
12,480
Lease Type
Absolute Net
Rent Per Square Feet
$11.47

Investment Highlights

  • 15-Year Absolute NNN Lease, No Landlord Responsibilities
  • Rare 5% Increases Every 5 Years Throughout the Base Term and Options
  • Upgraded Market Store, Larger Format with Expanded Produce/Grocery Items
  • Investment Grade Credit Tenant, Rated 'BBB' by S&P
  • Dollar General is the Largest Retailer in the U.S. with 19,700+ Stores
  • Classified Nationally as an Essential Retailer for Daily Shopping Needs
  • Brand New 2024 Construction on Oversized Parcel

Investment Overview

Marcus & Millichap is pleased to present the Dollar General Market in Oliver Springs, 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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