Dollar General
Single-Tenant Offerings
Dollar General
N. Main Street (Lee Hwy.)
Sweetwater, TN
- Price:
- $1,793,000
- Cap Rate:
- 6.00%
- NOI:
- $107,609
- Rentable SQFT:
- 10,767 SF
- Year Built:
- 2023
- Lot Size:
- 1.36 +/- Acres
- Lease Type:
- Absolute NNN
- Status:
- Under Contract
Investment Highlights
- 15-Year Absolute NNN Lease, No Landlord Responsibilities
- Rare All-Brick Building, Brand New Construction on Oversized Parcel
- 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
- Serving Over 50,000 Residents in Growing Monroe/McMinn Counties, 45 Miles Southwest of Knoxville
- Situated in the Foothills of the Great Smoky Mountains with Over 14.1 Million Visitors Annually
- Down the Street from Sweetwater Regional Hospital with 500 Employees, the Only Hospital in Monroe County
- 2 Miles East of Red Stag’s New 4.5 Million SF Distribution Center Campus Development on 420 Acres, Will Bring Over 3,500 Employees
- Just Off I-75 with 43,715 Cars/Day, Direct Access to Downtown Knoxville and Chattanooga
- Close Proximity to Cumberland Trail State Park, Fall Creek Falls State Park, and Frozen Head State Park
- 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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