Discount
Dollar General
307 New York Ave, Oak Ridge (Knoxville MSA), TN 37830
Listing Price: $2,065,000
Cap Rate
7.40%
Tenant Name
Dollar General
Years Remaining On Lease
10.2
Guarantor
Corporate Guarantee
Rentable SF
12,274
Lease Type
Double Net
Rent Per Square Feet
$12.45
Investment Overview
Marcus & Millichap is pleased to present the Dollar General in Oak Ridge, TN.
Dollar General
Investment Highlights
- New 10-Year Lease with 5% Increases Every 5 Years
- Complete Interior/Exterior Remodel, Brand New Roof and New Topcoat on Parking Lot
- Investment Grade Credit Tenant, Rated 'BBB' by S&P
- Dollar General is the Nation's Largest Retailer with 20,600+ Stores
- Serving Over 57,000 Residents in Rapidly Growing Knoxville Suburb
- 3,000+ New Homes Under Construction in Oak Ridge
- 1 Mile to Approved $100 Million Mixed-Use, Multi-Story Downtown Project
- Minutes to Y-12 National Security Complex with 8,600 Employees, Region's Largest Employer
Exclusively Listed By
Broker of Record
Listing Price: $2,065,000
Cap Rate
7.40%
Tenant Name
Dollar General
Years Remaining On Lease
10.2
Guarantor
Corporate Guarantee
Rentable SF
12,274
Lease Type
Double Net
Rent Per Square Feet
$12.45
Investment Highlights
- New 10-Year Lease with 5% Increases Every 5 Years
- Complete Interior/Exterior Remodel, Brand New Roof and New Topcoat on Parking Lot
- Investment Grade Credit Tenant, Rated 'BBB' by S&P
- Dollar General is the Nation's Largest Retailer with 20,600+ Stores
- Serving Over 57,000 Residents in Rapidly Growing Knoxville Suburb
- 3,000+ New Homes Under Construction in Oak Ridge
- 1 Mile to Approved $100 Million Mixed-Use, Multi-Story Downtown Project
- Minutes to Y-12 National Security Complex with 8,600 Employees, Region's Largest Employer
Investment Overview
Marcus & Millichap is pleased to present the Dollar General in Oak Ridge, TN.
Exclusively Listed By
Broker of Record
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