Discount
Dollar General | Upgraded Brick Construction | Proximity to National Park
7925 E Lamar Alexander Pkwy, Townsend, TN 37882
Listing Price: $1,305,000
Cap Rate
7.25%
Tenant Name
Dollar General
Years Remaining On Lease
4.8
Guarantor
Corporate Guarantee
Rentable SF
9,026
Lease Type
Absolute Net
Rent Per Square Feet
$10.48
Investment Overview
We're pleased to bring to market the offering for Dollar General in Townsend, TN.
Dollar General | Upgraded Brick Construction | Proximity to National Park
Investment Highlights
- Build-to-Suit in 2015 | 9,026-SF on a +/-1.22-AC Parcel | Upgraded 4 Sided Brick Construction | Under 5 Years Remaining on the Original 15-Year Absolute NNN Lease with 10% Increases
- No Landlord Responsibilities | Tenant is Responsible for Insurance, Taxes, Interior, Exterior, Including Roof, HVAC and Parking Lot
- 48 Parking Spaces With Landscaped Exterior and Lighted Pylon Sign | Corporately Guaranteed Lease | Ranked in the 81st Percentile for Dollar General Site Visits Nationwide According to Placer.AI
- Strong Location With Easy Access From All Traffic Directions and Pedestrian Access From Sidewalk
- Boasts High Visibility Along a Main Thoroughfare of US-321/Lamar Alexander Parkway Seeing 5,400+ Vehicles Per Day | US-321 Connects Pigeon Forge to Southern Knoxville
- Lamar Alexander Parkway is One of Three Main Gateways into Great Smoky Mountains National Park, a Major Tourism and Vacation Destination Seeing Over 14 Million Visitors Annually
- 1 Mile From Great Smoky Mountains National Park Boundaries and 15 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
- 30 Miles From Downtown Knoxville, the Third Largest City in Tennessee | Population is Expected to Increase by 2028 | Unemployment is Below 2% Within 1 Mile
Exclusively Listed By
Broker of Record
Financing By
Discount
Dollar General | Upgraded Brick Construction | Proximity to National Park
Listing Price: $1,305,000
Cap Rate
7.25%
Tenant Name
Dollar General
Years Remaining On Lease
4.8
Guarantor
Corporate Guarantee
Rentable SF
9,026
Lease Type
Absolute Net
Rent Per Square Feet
$10.48
Investment Highlights
- Build-to-Suit in 2015 | 9,026-SF on a +/-1.22-AC Parcel | Upgraded 4 Sided Brick Construction | Under 5 Years Remaining on the Original 15-Year Absolute NNN Lease with 10% Increases
- No Landlord Responsibilities | Tenant is Responsible for Insurance, Taxes, Interior, Exterior, Including Roof, HVAC and Parking Lot
- 48 Parking Spaces With Landscaped Exterior and Lighted Pylon Sign | Corporately Guaranteed Lease | Ranked in the 81st Percentile for Dollar General Site Visits Nationwide According to Placer.AI
- Strong Location With Easy Access From All Traffic Directions and Pedestrian Access From Sidewalk
- Boasts High Visibility Along a Main Thoroughfare of US-321/Lamar Alexander Parkway Seeing 5,400+ Vehicles Per Day | US-321 Connects Pigeon Forge to Southern Knoxville
- Lamar Alexander Parkway is One of Three Main Gateways into Great Smoky Mountains National Park, a Major Tourism and Vacation Destination Seeing Over 14 Million Visitors Annually
- 1 Mile From Great Smoky Mountains National Park Boundaries and 15 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
- 30 Miles From Downtown Knoxville, the Third Largest City in Tennessee | Population is Expected to Increase by 2028 | Unemployment is Below 2% Within 1 Mile
Investment Overview
We're pleased to bring to market the offering for Dollar General in Townsend, TN.
Exclusively Listed By
Broker of Record
Financing By
To view property details and documents, sign up for a free MyMMI account.
Explore exclusive listings, access research insights, and set up automated alerts for a personalized experience. Sign up now to elevate your property search.
