Discount
Dollar General Market | New 15-Yr. NNN Lease
Mountain Ranch Dr. & Douglas Dam Rd., Dandridge (Knoxville MSA), TN 37876
Listing Price: $2,541,000
Cap Rate
6.70%
Tenant Name
Dollar General
Years Remaining On Lease
15.2
Guarantor
Corporate Guarantee
Rentable SF
12,764
Lease Type
Absolute Net
Rent Per Square Feet
$13.34
Investment Overview
Marcus & Millichap is pleased to present the Dollar General Market in Dandridge, TN.
Dollar General Market | New 15-Yr. NNN Lease
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 19,700+ Stores
- Brand New 2024 Construction on an Oversized Parcel
- Serving Over 34,700 Residents in Rapidly Growing Suburb to Knoxville
- Strong Average Household Incomes in Excess of $74,000 within 3 and 5 Miles
Exclusively Listed By
Broker of Record
Financing By
Discount
Dollar General Market | New 15-Yr. NNN Lease
Listing Price: $2,541,000
Cap Rate
6.70%
Tenant Name
Dollar General
Years Remaining On Lease
15.2
Guarantor
Corporate Guarantee
Rentable SF
12,764
Lease Type
Absolute Net
Rent Per Square Feet
$13.34
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 19,700+ Stores
- Brand New 2024 Construction on an Oversized Parcel
- Serving Over 34,700 Residents in Rapidly Growing Suburb to Knoxville
- Strong Average Household Incomes in Excess of $74,000 within 3 and 5 Miles
Investment Overview
Marcus & Millichap is pleased to present the Dollar General Market in Dandridge, TN.
Exclusively Listed By
Broker of Record
Financing By
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