Dollar General
Single-Tenant Offerings
Dollar General
307 New York Ave.
Oak Ridge (Knoxville MSA), TN
- Price:
- $2,065,000
- Cap Rate:
- 7.40%
- NOI:
- $152,847
- Rentable SQFT:
- 12,274 SF
- Year Built:
- 1969 / 2025
- Lot Size:
- 0.78 +/- Acres
- Lease Type:
- NN
- Status:
- Available
Investment Highlights
- New 10-Year Lease with 5% Increases Every 5 Years
- Complete Interior/Exterior Remodel, Brand New Roof and New Topcoat on Parking Lot
- Investment Grade Credit Tenant, Rated ‘BBB’ by S&P
- Dollar General is the Nation’s Largest Retailer with 20,600+ Stores
- Serving Over 57,000 Residents in Rapidly Growing Knoxville Suburb
- Strong Average Household Incomes Exceed $87,000 in 3 Miles and $93,000 in 5 Miles
- 3,000+ New Homes Under Construction in Oak Ridge
- 1 Mile to Approved $100 Million Mixed-Use, Multi-Story Downtown Project
- Minutes to Y-12 National Security Complex with 8,600 Employees, Region’s Largest Employer
- West of Oano’s 920-Acre Project Ike, a New Multi-Billion Dollar State-of-the-Art Uranium Enrichment Facility, Largest Investment in Tennessee History
- Adjacent to Award-Winning Methodist Medical Center with 1,000+ Employees
- Strong Daytime Population, Over 40,000 Employees in the Primary Trade Area
- 1.5 Miles to Roane State Community College – Oak Ridge Campus with 1,500+ Students
- Close Proximity to Chuck Swan State Forest, Big Ridge State Park, Norris Dam State Park, and Frozen Head State Park
- Northwest of the Great Smoky Mountains National Park with 12.2 Million Annual Visitors
- Situated in the Heart of the Appalachian Region, Tourism is the Fastest Growing Industry
- Tax Free State, No State Income Tax in Tennessee
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