Dollar General
Single-Tenant Offerings
Dollar General
US Highway 411 & Mecca Pike
Etowah, TN
- Price:
- $1,846,000
- Cap Rate:
- 5.15%
- NOI:
- $95,087
- Rentable SQFT:
- 10,640 SF
- Year Built:
- 2022
- Lot Size:
- 1.60 +/- Acres
- Lease Type:
- Absolute NNN
- Status:
- Available
Investment Highlights
- 15-Year Absolute NNN Lease
- Relocation of High-Performing Store
- Brand New 2022 Construction
- Investment Grade Credit Tenant, Rated ‘BBB’ by S&P
- 10% Increases Every 5 Years Beginning in Each Option Period
- Dollar General has Reported 32 Consecutive Quarters of Same-Store-Sales Growth
- Classified Nationally as an Essential Retailer for Daily Shopping Needs
- Centrally Located Between Knoxville and Chattanooga
- Hard Corner Location Along Major Artery with 15,000 Cars/Day, Direct Access to Downtown Knoxville and Atlanta
- Down the Street from Starr Regional Medical Center’s Etowah Campus
- Close Proximity to Great Smoky Mountains National Park with 14.1 Million Visitors Annually
- Minutes to Nantahala and Pisgah National Forests with Over 5.5 Million Visitors Annually
- Situated in the Heart of the Appalachian Region where Tourism is the Fastest Growing Industry
- Underserved Retail Trade Area with a High Need for Goods and Services
- Tax Free State, No State Income Tax in Tennessee
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