Dollar General
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Sambazis Retail Group

Leaders in Retail Investment Sales

Dollar General

Single-Tenant Offerings

Dollar General

Heiskell Rd. & Raccoon Valley Rd.

Heiskell, TN

Price:
$1,987,000
Cap Rate:
6.65%
NOI:
$132,118
Rentable SQFT:
10,542 SF
Year Built:
2023
Lot Size:
3.15 +/- Acres
Lease Type:
Absolute NNN
Status:
Available
Investment Highlights
  • 15-Year Absolute NNN Lease, No Landlord Responsibilities
  • Rare 5% Rental Increases Every 5 Years Throughout the Base Term and Options
  • 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 Upgraded Brick Construction on an Oversized Parcel
  • Serving Over 45,000 Residents in Rapidly Growing Knoxville Suburb, 10 Miles Northwest of Downtown Knoxville
  • Average Household Income Exceeds $76,000 within 3 and 5 Miles
  • Hard Corner Location at Four-Way Intersection, Direct Access to Knoxville and Oak Ridge
  • Minutes to Award-Winning North Knoxville Medical Center, Undergoing $67.5 Million Expansion
  • Strong Daytime Population, Over 13,600 Employees in the Primary Trade Area
  • Close Proximity to Big Ridge State Park, Norris Dam State Park, and Frozen Head State Park with Millions of 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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  • Confidentiality and Disclaimer

    The information contained in the following Marketing Package is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from Sambazis Retail Group and should not be made available to any other person or entity without the written consent of Sambazis Retail Group. This Marketing Package has been prepared to provide a summary to prospective purchasers and to establish a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough due diligence investigation. Sambazis Retail Group has not made any investigation, and makes no warranty or representation, with respect to the income or expenses for the subject property, the future projected financial performance of the property, the size and square footage of the property and improvements, the presence or absence of contaminating substances, the compliance with State and Federal regulations, the physical condition of the improvements thereon, or the financial condition or business prospects of any tenant, or any tenant’s plans or intentions to continue its occupancy of the subject property. The information contained in this Marketing Package has been obtained from sources we believe to be reliable; however, Sambazis Retail Group has not verified, and will not verify, any of the information contained herein, nor has Sambazis Retail Group conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All prospective buyers must take appropriate measures to verify all of the information set forth herein.

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For more information, please contact:

Phil Sambazis

Executive Managing Director

(858) 373-3174

Email & Bio »

Jody McKibben

Broker of Record

License: TN 307629