Dollar General Market
Single-Tenant Offerings
Dollar General Market
SEC of Cosby School Road & Cosby Highway (US Hwy. 321)
Cosby (East of Knoxville), TN
- Price:
- $1,771,000
- Cap Rate:
- 6.00%
- NOI:
- $106,237
- Rentable SQFT:
- 12,687 SF
- Year Built:
- 2022
- Lot Size:
- 1.43 +/- Acres
- Lease Type:
- Absolute NNN
- Status:
- Available
Investment Highlights
- 15-Year Absolute NNN Lease, No Landlord Responsibilities
- Relocation of High-Performing Store Directly Across the Street, Proven Concept in the Trade Area
- Upgraded Market Store, Larger Format with Expanded Produce/Grocery Offerings
- 10% Increases Every 5 Years Beginning in Each Option Period
- Investment Grade Credit Tenant (Rated ‘BBB’ by S&P), Ranked #91 on Fortune 100
- Dollar General is the Largest Retailer in the U.S. with 18,000+ Stores
- Classified Nationally as an Essential Retailer for Daily Shopping Needs
- Brand New 2022 Construction on Oversized Parcel
- Serving Over 36,000 Residents in Cocke County, 56 Miles East of Knoxville
- Just Off I-40 with 28,949 Cars/Day, the 3rd Longest Highway in the U.S.
- Adjacent to Cosby High and Elementary Schools with Over 700 Students
- Northeast of the Great Smoky Mountains National Park with Over 14.1 Million Visitors Annually
- Close Proximity to Cherokee National Forest with Approximately 3 Million 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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