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

Keeble Rd. & Hwy, 72, Vonore (Southwest of Knoxville), TN 37885

Listing Price: $2,022,000

Cap Rate
6.70%
Tenant Name
Dollar General
Years Remaining On Lease
5.3
Guarantor
Corporate Guarantee
Rentable SF
10,640
Lease Type
Absolute Net
Rent Per Square Feet
$12.86

Investment Overview

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

Investment Highlights

  • 15-Year Absolute NNN Lease, No Landlord Responsibilities
  • Rare 5% Rental Increases Every 5 Years in Base Term and Options
  • Upgraded Market Store with Expanded Produce/Grocery Offerings
  • Investment Grade Credit Tenant, Rated 'BBB' by S&P
  • Dollar General is the Nation's Largest Retailer with 20,000+ Stores
  • Brand New Construction on an Oversized Parcel
  • Serving Over 24,000 Residents in Growing Suburb to Knoxville
  • Strategic Location, Closest Dollar General Market Store Over 16 Miles Away

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

Listing Price: $2,022,000

Cap Rate
6.70%
Tenant Name
Dollar General
Years Remaining On Lease
5.3
Guarantor
Corporate Guarantee
Rentable SF
10,640
Lease Type
Absolute Net
Rent Per Square Feet
$12.86

Investment Highlights

  • 15-Year Absolute NNN Lease, No Landlord Responsibilities
  • Rare 5% Rental Increases Every 5 Years in Base Term and Options
  • Upgraded Market Store with Expanded Produce/Grocery Offerings
  • Investment Grade Credit Tenant, Rated 'BBB' by S&P
  • Dollar General is the Nation's Largest Retailer with 20,000+ Stores
  • Brand New Construction on an Oversized Parcel
  • Serving Over 24,000 Residents in Growing Suburb to Knoxville
  • Strategic Location, Closest Dollar General Market Store Over 16 Miles Away

Investment Overview

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