Discount
Dollar General | New 15-Year Absolute NNN
US-25E, White Pine (East of Knoxville), TN 37890
Listing Price: $1,833,000
Cap Rate
6.65%
Tenant Name
Dollar General
Years Remaining On Lease
15.4
Guarantor
Corporate Guarantee
Rentable SF
9,100
Lease Type
Absolute Net
Rent Per Square Feet
$13.40
Investment Overview
Marcus & Millichap is pleased to present the Dollar General in White Pine, TN.
Dollar General | New 15-Year Absolute NNN
Investment Highlights
- 15-Year Absolute NNN Lease, No Landlord Responsibilities
- 5% Rental Increases Every 5 Years Throughout the Base Term and Options
- Investment Grade Credit Tenant (Rated 'BBB' by S&P), #112 on Fortune 500 in 2025
- Dollar General is the Nation's Largest Retailer with 20,450+ Stores
- Classified Nationally as an Essential Retailer for Daily Shopping Needs
- Serving 60,000+ Residents in Jefferson County, 40 Miles East of Knoxville
- Excellent Visibility and Access Along Major North/South Artery
- The Gateway to the Great Smoky Mountains National Park with Over 12 Million Visitors Annually
Exclusively Listed By
Broker of Record
-
Jody McKibben
Senior Managing Director, Market Leader - Mid-South
Listing Price: $1,833,000
Cap Rate
6.65%
Tenant Name
Dollar General
Years Remaining On Lease
15.4
Guarantor
Corporate Guarantee
Rentable SF
9,100
Lease Type
Absolute Net
Rent Per Square Feet
$13.40
Investment Highlights
- 15-Year Absolute NNN Lease, No Landlord Responsibilities
- 5% Rental Increases Every 5 Years Throughout the Base Term and Options
- Investment Grade Credit Tenant (Rated 'BBB' by S&P), #112 on Fortune 500 in 2025
- Dollar General is the Nation's Largest Retailer with 20,450+ Stores
- Classified Nationally as an Essential Retailer for Daily Shopping Needs
- Serving 60,000+ Residents in Jefferson County, 40 Miles East of Knoxville
- Excellent Visibility and Access Along Major North/South Artery
- The Gateway to the Great Smoky Mountains National Park with Over 12 Million Visitors Annually
Investment Overview
Marcus & Millichap is pleased to present the Dollar General in White Pine, TN.
Exclusively Listed By
Broker of Record
-
Jody McKibben
Senior Managing Director, Market Leader - Mid-South
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