Dollar General
Single-Tenant Offerings
Dollar General
Sundance Rd. & W Broadway Ave.
Maryville (Knoxville MSA), TN
- Price:
- $2,188,000
- Cap Rate:
- 6.35%
- NOI:
- $138,907
- Rentable SQFT:
- 10,640 SF
- Year Built:
- 2024
- Lot Size:
- 2.534 +/- Acres
- Lease Type:
- Absolute NNN
- Status:
- Under Contract
Investment Highlights
- 15-Year Absolute NNN Lease, No Landlord Responsibilities
- Rare 5% Rental Increases Every 5 Years Throughout the Base Term and Options
- Brand New Upgraded Brick Construction on an Oversized Parcel
- 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 70,000 Residents in a Rapidly Growing Suburb South of Downtown Knoxville
- Average Household Income Exceeds $94,000 within 1-Mile
- Highly Visible Along Major Commercial Artery with Over 24,000 Cars/Day
- Strong Daytime Population, More Than 22,000 Employees within 5 Miles
- Minutes to Pellissippi State Community College 8,710 Students
- Close Proximity to the Great Smoky Mountains with 14+ Million Visitors/Year
- 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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