Dollar General Market
Single-Tenant Offerings
Dollar General Market
Oak Ridge Highway & Guinn Road
Knoxville, TN
- Price:
- $2,747,000
- Cap Rate:
- 6.35%
- NOI:
- $174,401
- Rentable SQFT:
- 12,687 SF
- Year Built:
- 2024
- Lot Size:
- 1.56 +/- 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
- Upgraded Market Store, Larger Format with Expanded Produce/Grocery Offerings
- Investment Grade Credit Tenant, Rated ‘BBB’ by S&P
- Dollar General is the Nation’s Largest Retailer with 19,700+ Stores
- Brand New 2024 Construction on an Oversized Parcel
- Serving Over 56,700 Residents in Rapidly Growing Knoxville Suburb
- Strong Average Household Incomes in Excess of $118,000 within 1 and 3 Miles
- Highly Visible Along Major North/South Artery with 43,480 Cars/Day
- 2.5 Miles to Pellissippi State Community College 8,710 Students, the Largest Community College in the State
- Minutes to the Y-12 National Security Complex with 8,600 Employees
- Strong Daytime Population, Over 44,000 Employees in the Primary Trade Area
- Northwest of the Great Smoky Mountains with 14+ Million Visitors/Year
- Close Proximity to Norris Dam State Park, Big Ridge State Park, Frozen Head State Park, and Lone Mountain State Forest
- 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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