Discount
Dollar General | Affluent Suburb | Near Smoky Mountains (12+ Million Visitors/Year)
442 Maryville Hwy, Seymour (Knoxville MSA), TN 37865
Listing Price: $1,492,000
Cap Rate
6.50%
Tenant Name
Dollar General
Years Remaining On Lease
10.4
Guarantor
Corporate Guarantee
Rentable SF
10,640
Lease Type
Absolute Net
Rent Per Square Feet
$9.11
Investment Overview
Marcus & Millichap is pleased to present the Dollar General in Seymour (Knoxville MSA, Tennessee.
Investment Highlights
- Over 10 Years Remaining, Absolute NNN Lease with No Landlord Responsibilities
- 10% Increases Every 5 Years Beginning in Each Option Period
- Investment Grade Credit Tenant (S&P: BBB), #112 on Fortune 500 in 2025
- Dollar General is the Nation's Largest Retailer with 20,450+ Stores
- New 2022 Construction, Oversized 2.57-Acre Parcel
- Serving Over 46,000 Residents in Rapidly Growing Suburb to Knoxville
- Average Household Income Exceeds $93,000 in 3,and 5 Miles
- 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
Discount
Dollar General | Affluent Suburb | Near Smoky Mountains (12+ Million Visitors/Year)
Listing Price: $1,492,000
Cap Rate
6.50%
Tenant Name
Dollar General
Years Remaining On Lease
10.4
Guarantor
Corporate Guarantee
Rentable SF
10,640
Lease Type
Absolute Net
Rent Per Square Feet
$9.11
Investment Highlights
- Over 10 Years Remaining, Absolute NNN Lease with No Landlord Responsibilities
- 10% Increases Every 5 Years Beginning in Each Option Period
- Investment Grade Credit Tenant (S&P: BBB), #112 on Fortune 500 in 2025
- Dollar General is the Nation's Largest Retailer with 20,450+ Stores
- New 2022 Construction, Oversized 2.57-Acre Parcel
- Serving Over 46,000 Residents in Rapidly Growing Suburb to Knoxville
- Average Household Income Exceeds $93,000 in 3,and 5 Miles
- 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 Seymour (Knoxville MSA, Tennessee.
Exclusively Listed By
Broker of Record
-
Jody Mckibben
Senior Managing Director, Market Leader - Mid-South