Dollar General Mini Market
Single-Tenant Offerings
Dollar General Mini Market
Jones Cove Road (Near Sharp Road)
Sevierville (East of Knoxville), TN
- Price:
- $2,390,000
- Cap Rate:
- 6.65%
- NOI:
- $158,909
- Rentable SQFT:
- 10,566 SF
- Year Built:
- 2024
- Lot Size:
- 1.35 +/- Acres
- Lease Type:
- Absolute NNN
- Status:
- Available
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 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 19,700+ Stores
- Classified Nationally as an Essential Retailer for Daily Shopping Needs
- Brand New 2024 Construction on an Oversized Parcel
- Serving Over 55,124 Residents in Rapidly Growing Trade Area, 33 Miles to Downtown Knoxville
- Strategic Location, Nearest Dollar General Market Store is Over 17 Miles Away
- Just East 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 Annuall
- Strong Daytime Population with Over 36,278 Employees
- 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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