Dollar General
Single-Tenant Offerings
Dollar General
Rock Creek Rd & TN-30
Athens, TN
- Price:
- $1,795,000
- Cap Rate:
- 5.75%
- NOI:
- $103,215
- Rentable SQFT:
- 10,566 SF
- Year Built:
- 2023
- Lot Size:
- 3.46 +/- 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 Nation’s Largest Retailer with 19,000+ Stores
- Classified Nationally as an Essential Retailer for Daily Shopping Needs
- Brand New 2023 Construction on Oversized Parcel
- Serving Over 54,000 Residents in Growing McMinn County, 48 Miles Northeast of Knoxville
- Situated in the Foothills of the Great Smoky Mountains with Over 14.1 Million Visitors Annually
- Strategic Location, Nearest Dollar Store is Over 7 Miles Away
- Close Proximity to Nantahala National Forest (Over 2.5 Million Visitors Annually) and Chattahoochie-Oconee National Forest (Over 3 Million Visitors Annually)
- Hard Corner Location, Highly Visible Along a Major East-West Artery
- Just Off I-75 with 22,000 Cars/Day, Direct Access to Downtown Knoxville and Chattanooga
- 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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