Dollar General
Single-Tenant Offerings
Dollar General
1926 Knoxville Hwy.
Wartburg, TN
- Price:
- $1,669,000
- Cap Rate:
- 6.35%
- NOI:
- $105,952
- Rentable SQFT:
- 10,640 SF
- Year Built:
- 2023
- Lot Size:
- 1.53 +/- Acres
- Lease Type:
- Absolute NNN
- Status:
- Active
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 2023 Construction on Oversized Parcel
- Serving Over 22,000 Residents in Morgan County
- Highly Visible Along TN-62, a Major East-West Artery with Direct Access to Downtown Knoxville
- Down the Street from 1,300 Students Attending Central Elementary, Middle, and High Schools
- Just South of Big South Fork National River & Recreation with 835,000+ Visitors Annually
- Close Proximity to Frozen Head State Park and Lone Mountain State Forest with Approximately 500,000 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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