Dollar General Market
Single-Tenant Offerings
Dollar General Market
1726 Waldens Creek Rd.
Pigeon Forge (Sevierville), TN
- Price:
- $2,526,000
- Cap Rate:
- 6.60%
- NOI:
- $166,747
- Rentable SQFT:
- 12,480 SF
- Year Built:
- 2024
- Lot Size:
- 2.23 +/- Acres
- Lease Type:
- Absolute NNN
- Status:
- Under Contract
Investment Highlights
- 15-Year Absolute NNN Lease, No Landlord Responsibilities
- Rare 5% Increases Every 5 Years Throughout the Base Term and Options
- Upgraded Market Store, Larger Format with Expanded Produce/Grocery Items
- Investment Grade Credit Tenant, Rated ‘BBB’ by S&P
- Dollar General is the Largest Retailer in the U.S. with 19,000+ Stores
- Classified Nationally as an Essential Retailer for Daily Shopping Needs
- Brand New 2024 Construction on Oversized Parcel
- Serving Over 30,000 Residents in the Immediate Trade Area
- Strategic Location, Nearest Dollar General Market Store is Over 15 Miles Away
- Just West of Dollywood with 3+ Million Visitors Annually, Dolly Parton’s Appalachian-Themed Park
- The Gateway to 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
- Strong Daytime Population, Over 26,700 Employees in Primary Trade Area
- 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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