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Grocery Store

Dollar General Market -

201 Ruritan Rd, Harriman, TN 37748

Listing Price: $3,360,000

Cap Rate
6.50%
Tenant Name
Dollar General Corporation
Years Remaining On Lease
6.3
Gross SF
33,816
Guarantor
Corporate Guarantee
Rentable SF
33,816
Price/Gross SF
$99.36
Lease Type
Double Net
Rent Per Square Feet
$6.46

Investment Overview

10-Year Corporate Backed, Double Net Lease* Featuring a Ten Percent (10%) Rental Increase after the fifth year of the Initial Term and Options
Dollar General is One of the Nations Leading Discount Retailers with More Than 17,000 Locations Throughout 46 States
Located in the Knoxville, TN MSA: Knoxville is the third-largest city and MSA in the State of Tennessee with a population of almost 190,000 and 1,045,111 people respectively
Easy Access with Signage and Visibility on US 27 (15,500+ VPD) located on Ruritan Road (11,750 + VPD)
In Close Proximity Interstate 40 Located only 1.5 miles from I 40 which traffics 39,648 Vehicles per day (2018).
Roof Refurbished in 2017 Roof maintenance comes with a 20 Year transferable warranty roughly 16 years remaining.

Investment Highlights

  • 10-Year Corporate Backed, Double Net Lease* Featuring a Ten Percent (10%)
  • Dollar General is One of the Nations Leading Discount Retailers
  • Roof Refurbished in 2017

Exclusively Listed By

Broker of Record

  • Jody McKibben

    Vice President / Regional Manager

    (615) 997-2860

    License(s) TN: 307629

    Tennessee

Financing By

Grocery Store

Dollar General Market -

Listing Price: $3,360,000

Cap Rate
6.50%
Tenant Name
Dollar General Corporation
Years Remaining On Lease
6.3
Gross SF
33,816
Guarantor
Corporate Guarantee
Rentable SF
33,816
Price/Gross SF
$99.36
Lease Type
Double Net
Rent Per Square Feet
$6.46

Investment Highlights

  • 10-Year Corporate Backed, Double Net Lease* Featuring a Ten Percent (10%)
  • Dollar General is One of the Nations Leading Discount Retailers
  • Roof Refurbished in 2017

Investment Overview

10-Year Corporate Backed, Double Net Lease* Featuring a Ten Percent (10%) Rental Increase after the fifth year of the Initial Term and Options
Dollar General is One of the Nations Leading Discount Retailers with More Than 17,000 Locations Throughout 46 States
Located in the Knoxville, TN MSA: Knoxville is the third-largest city and MSA in the State of Tennessee with a population of almost 190,000 and 1,045,111 people respectively
Easy Access with Signage and Visibility on US 27 (15,500+ VPD) located on Ruritan Road (11,750 + VPD)
In Close Proximity Interstate 40 Located only 1.5 miles from I 40 which traffics 39,648 Vehicles per day (2018).
Roof Refurbished in 2017 Roof maintenance comes with a 20 Year transferable warranty roughly 16 years remaining.

Exclusively Listed By

Broker of Record

  • Jody McKibben

    Vice President / Regional Manager

    (615) 997-2860

    License(s): TN: 307629

    Tennessee

Financing By

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