Dollar General Market
Single-Tenant Offerings
Dollar General Market
3190 Highway 411 N
Englewood, TN
- Price:
- $1,729,000
- Cap Rate:
- 6.00%
- NOI:
- $103,749
- Rentable SQFT:
- 12,687 SF
- Year Built:
- 2023
- Lot Size:
- 1.65 +/- Acres
- Lease Type:
- Absolute NNN
- Status:
- Available
Investment Highlights
- 15-Year Absolute NNN Lease, No Landlord Responsibilities
- Relocation of High-Performing Store Next Door, 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
- Dollar General is the Nation’s Largest Retailer with 19,000+ Stores
- Classified Nationally as an Essential Retailer for Daily Shopping Needs
- Brand New Construction on Oversized Parcel
- Serving Over 54,000 Residents in Growing McMinn County, 50 Miles Southwest of Knoxville
- Situated in the Foothills of the Great Smoky Mountains with Over 14.1 Million Visitors Annually
- Strategic Location, Nearest Dollar General is Over 7 Miles Away
- Close Proximity to Nantahala National Forest (Over 2.5 Million Visitors Annually) and Chattahoochie-Oconee National Forest (Over 3 Million Visitors Annually)
- Highly Visible Along a Major North-South Artery with 6,579 Cars/Day
- 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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