Dollar General
Single-Tenant Offerings
Dollar General
Bogard Rd & US-321
Newport, TN
- Price:
- $2,237,000
- Cap Rate:
- 6.65%
- NOI:
- $148,789
- Rentable SQFT:
- 10,640 SF
- Year Built:
- 2026
- Lot Size:
- 1.99 +/- Acres
- Lease Type:
- Absolute NNN
- Status:
- Available
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
- Brand New Construction on Oversized Parcel
- Serving Over 26,000 Residents in Growing Trade Area
- Hard Corner Location, Highly Visible Along Major North/South Artery
- Just Off I-40, Direct Access to Knoxville, Nashville, and Memphis
- The Gateway to the Great Smoky Mountains National Park with Over 12 Million Visitors Annually
- Close Proximity to Cherokee National Forest (2+ Million Visitors/Year) and Douglas Lake (1.7+ Million Visitors/Year)
- Situated in the Heart of the Appalachian Region where Tourism is the Fastest Growing Industry
- Tax Free State, No State Income Tax in Tennessee
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