Discount
Dollar General | New 15-Yr. NNN Lease with Increases in Base Term
US-70 & Westel Loop, Rockwood (West of Knoxville), TN 37854
Listing Price: $1,997,000
Cap Rate
6.70%
Tenant Name
Dollar General
Years Remaining On Lease
15.1
Guarantor
Corporate Guarantee
Rentable SF
10,566
Lease Type
Absolute Net
Rent Per Square Feet
$12.66
Investment Overview
Marcus & Millichap is pleased to present the Dollar General in Rockwood, TN.
Dollar General | New 15-Yr. NNN Lease with Increases in Base Term
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 20,000+ Stores
- Brand New 2024 Construction on an Oversized Parcel
- Serving Over 55,000 Residents in Growing Roane County
- Highly Visible Along Major East/West Artery
- Easy Access to I-40 with 33,771 Cars/Day, Connects to Downtown Nashville and Knoxville
Exclusively Listed By
Broker of Record
Financing By
Discount
Dollar General | New 15-Yr. NNN Lease with Increases in Base Term
Listing Price: $1,997,000
Cap Rate
6.70%
Tenant Name
Dollar General
Years Remaining On Lease
15.1
Guarantor
Corporate Guarantee
Rentable SF
10,566
Lease Type
Absolute Net
Rent Per Square Feet
$12.66
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 20,000+ Stores
- Brand New 2024 Construction on an Oversized Parcel
- Serving Over 55,000 Residents in Growing Roane County
- Highly Visible Along Major East/West Artery
- Easy Access to I-40 with 33,771 Cars/Day, Connects to Downtown Nashville and Knoxville
Investment Overview
Marcus & Millichap is pleased to present the Dollar General in Rockwood, TN.
Exclusively Listed By
Broker of Record
Financing By
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