Discount
Dollar General | 5% Increases Every 5 Years | 15-Year Absolute NNN
TN 33 & Wilson Bailey Ln, Maynardville (Knoxville MSA), TN 37807
Listing Price: $2,002,000
Cap Rate
6.70%
Tenant Name
Dollar General
Years Remaining On Lease
15.1
Guarantor
Corporate Guarantee
Rentable SF
2,500
Lease Type
Absolute Net
Rent Per Square Feet
$53.66
Investment Overview
Marcus & Millichap is pleased to present the Dollar General in Maynardville, TN.
Dollar General | 5% Increases Every 5 Years | 15-Year Absolute NNN
Investment Highlights
- 15-Year Absolute NNN Lease, No Landlord Responsibilities
- Rare 5% Rental Increases Every 5 Years in Base Term and Options
- Investment Grade Credit Tenant, Rated 'BBB' by S&P
- Dollar General is the Nation's Largest Retailer with 20,300+ Stores
- Classified Nationally as an Essential Retailer for Daily Shopping Needs
- Brand New Construction on Oversized Parcel
- Serving Over 21,000 Residents in Growing Suburb North of Knoxville
- Highly Visible Along Major North/South Artery, Direct Access to Downtown Knoxville
Exclusively Listed By
Broker of Record
Discount
Dollar General | 5% Increases Every 5 Years | 15-Year Absolute NNN
Listing Price: $2,002,000
Cap Rate
6.70%
Tenant Name
Dollar General
Years Remaining On Lease
15.1
Guarantor
Corporate Guarantee
Rentable SF
2,500
Lease Type
Absolute Net
Rent Per Square Feet
$53.66
Investment Highlights
- 15-Year Absolute NNN Lease, No Landlord Responsibilities
- Rare 5% Rental Increases Every 5 Years in Base Term and Options
- Investment Grade Credit Tenant, Rated 'BBB' by S&P
- Dollar General is the Nation's Largest Retailer with 20,300+ Stores
- Classified Nationally as an Essential Retailer for Daily Shopping Needs
- Brand New Construction on Oversized Parcel
- Serving Over 21,000 Residents in Growing Suburb North of Knoxville
- Highly Visible Along Major North/South Artery, Direct Access to Downtown Knoxville
Investment Overview
Marcus & Millichap is pleased to present the Dollar General in Maynardville, TN.
Exclusively Listed By
Broker of Record
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