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Dollar General Market | New 15-Yr. NNN with Increases in Base Term

Hwy. 66 & S. White Pine Rd., White Pine (East of Knoxville), TN 37890

Listing Price: $2,379,000

Cap Rate
6.55%
Tenant Name
Dollar General
Years Remaining On Lease
15.3
Guarantor
Corporate Guarantee
Rentable SF
12,774
Lease Type
Absolute Net
Rent Per Square Feet
$12.20

Investment Overview

Marcus & Millichap is pleased to present the Dollar General Market in White Pine, 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 Items
  • Investment Grade Credit Tenant, Rated 'BBB' by S&P
  • Dollar General is the Largest Retailer in the U.S. with 19,800+ Stores
  • Classified Nationally as an Essential Retailer for Daily Shopping Needs

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 15-Yr. NNN with Increases in Base Term

Listing Price: $2,379,000

Cap Rate
6.55%
Tenant Name
Dollar General
Years Remaining On Lease
15.3
Guarantor
Corporate Guarantee
Rentable SF
12,774
Lease Type
Absolute Net
Rent Per Square Feet
$12.20

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 Items
  • Investment Grade Credit Tenant, Rated 'BBB' by S&P
  • Dollar General is the Largest Retailer in the U.S. with 19,800+ Stores
  • Classified Nationally as an Essential Retailer for Daily Shopping Needs

Investment Overview

Marcus & Millichap is pleased to present the Dollar General Market in White Pine, 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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