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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.

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

  • Jody McKibben

    First Vice President/Regional Manager

    (615) 997-2800

    License(s) TN: 307629

    Tennessee

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

  • Jody McKibben

    First Vice President/Regional Manager

    (615) 997-2800

    License(s): TN: 307629

    Tennessee

Financing By

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