Dollar General
Single-Tenant Offerings
Dollar General
1415 Loudon Hwy.
Philadelphia (Knoxville MSA), TN
- Price:
- $1,665,000
- Cap Rate:
- 5.15%
- NOI:
- $85,777
- Rentable SQFT:
- 10,640 SF
- Year Built:
- 2022
- Lot Size:
- 2.14 +/- Acres
- Lease Type:
- Absolute NNN
- Status:
- Available
Investment Highlights
- 15-Year Absolute NNN Lease, No Landlord Responsibilities
- 10% Increases Every 5 Years Beginning in Each Option Period
- Investment Grade Credit Tenant, Rated ‘BBB’ by S&P
- Dollar General is the Largest Retailer in the U.S. with 18,000+ Stores
- Classified Nationally as an Essential Retailer for Daily Shopping Needs
- Brand New 2022 Construction on Oversized Parcel
- Strategic Location, Nearest Dollar Store is Approximately 11 Miles Away
- Serving Over 53,000 Residents in Loudon County, 40 Miles West of Downtown Knoxville
- Highly Visible with Excellent Access Along Major Artery
- Just West of the Great Smoky Mountains National Park with Over 14.1 Million Visitors Annually
- Close Proximity to Nantahala National Forest, Chattahoochee-Oconee National Forests, Fall Creek Falls State Park and Frozen Head State Park, Attracts Millions of Visitors Annually
- Minutes to Watts Bar Lake with Over 1 Million Visitors Annually
- 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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