Discount
Dollar General | Upgraded Brick Construction
3220 E Governor John Sevier Hwy, Knoxville, TN 37914
Listing Price: $1,387,500
Cap Rate
7.25%
Tenant Name
Dollar General
Years Remaining On Lease
4.8
Guarantor
Corporate Guarantee
Rentable SF
9,100
Lease Type
Absolute Net
Rent Per Square Feet
$11.05
Investment Overview
We are pleased to bring the Offering for Dollar General in Knoxville, TN.
Dollar General | Upgraded Brick Construction
Investment Highlights
- Dollar General Location Build-to-Suit in 2015 | 9,100 Square Feet on a Large +/-3.37-AC Parcel | Upgraded Four-Sided Brick Construction
- Just Under Five Years Remaining on the Original 15-Year Absolute Triple Net (NNN) Lease with 10 Percent Rent Increases in Each of Five, Five-Year Option Terms
- No Landlord Responsibilities | Tenant is Responsible for Insurance, Taxes, Interior, Exterior, Including Roof, HVAC and Parking Lot
- Large Parking Lot With 74 Spaces And Landscaped Exterior and Lighted Sign | Corporately Guaranteed Lease
- Strong Corner Location With Easy Access From All Traffic Directions and Two Points of Ingress and Egress | Boasts High Visibility Along Governor John Sevier Hwy Seeing 12,700 Plus Vehicles Per Day Leading into Asbury and a Dense Industrial and Logistics Corridor
- 3.5 Miles From The US-25 West / Interstate 40 Interchange, Seeing Over 89,000 Vehicles Per Day Leading into Downtown Knoxville and On To Nashville
- Six Miles From Downtown Knoxville, The Third Largest MSA in Tennessee With a Population of 903,000 | Population Exceeds 58,000 Within Five-Miles and is Expected to Increase by 2028 | Unemployment is Below Two Percent Within One Mile
- 22 Miles From Pigeon Forge, a Mountain Resort City With Multiple Family Attractions Including Theme Parks, Outdoor Activities, Shopping Malls, and Theaters, Seeing 11 Million Visitors Annually | Near Great Smoky Mountains National Park
Exclusively Listed By
Broker of Record
Financing By
Discount
Dollar General | Upgraded Brick Construction
Listing Price: $1,387,500
Cap Rate
7.25%
Tenant Name
Dollar General
Years Remaining On Lease
4.8
Guarantor
Corporate Guarantee
Rentable SF
9,100
Lease Type
Absolute Net
Rent Per Square Feet
$11.05
Investment Highlights
- Dollar General Location Build-to-Suit in 2015 | 9,100 Square Feet on a Large +/-3.37-AC Parcel | Upgraded Four-Sided Brick Construction
- Just Under Five Years Remaining on the Original 15-Year Absolute Triple Net (NNN) Lease with 10 Percent Rent Increases in Each of Five, Five-Year Option Terms
- No Landlord Responsibilities | Tenant is Responsible for Insurance, Taxes, Interior, Exterior, Including Roof, HVAC and Parking Lot
- Large Parking Lot With 74 Spaces And Landscaped Exterior and Lighted Sign | Corporately Guaranteed Lease
- Strong Corner Location With Easy Access From All Traffic Directions and Two Points of Ingress and Egress | Boasts High Visibility Along Governor John Sevier Hwy Seeing 12,700 Plus Vehicles Per Day Leading into Asbury and a Dense Industrial and Logistics Corridor
- 3.5 Miles From The US-25 West / Interstate 40 Interchange, Seeing Over 89,000 Vehicles Per Day Leading into Downtown Knoxville and On To Nashville
- Six Miles From Downtown Knoxville, The Third Largest MSA in Tennessee With a Population of 903,000 | Population Exceeds 58,000 Within Five-Miles and is Expected to Increase by 2028 | Unemployment is Below Two Percent Within One Mile
- 22 Miles From Pigeon Forge, a Mountain Resort City With Multiple Family Attractions Including Theme Parks, Outdoor Activities, Shopping Malls, and Theaters, Seeing 11 Million Visitors Annually | Near Great Smoky Mountains National Park
Investment Overview
We are pleased to bring the Offering for Dollar General in Knoxville, TN.
Exclusively Listed By
Broker of Record
Financing By
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