Dollar General Mini Market
Single-Tenant Offerings
Dollar General Mini Market
Fenell Road & Rutledge Pike
Blaine (Knoxville MSA), TN
- Price:
- $1,914,000
- Cap Rate:
- 6.70%
- NOI:
- $128,210
- Rentable SQFT:
- 10,640 SF
- Year Built:
- 2024
- Lot Size:
- 1.94 +/- 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
- 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 2023 Construction on an Oversized Parcel
- Serving Over 23,700 Residents in a Growing Grainger County
- Hard Corner Location Along Major East/West Artery with 11,632 Cars/Day, Direct Access to Knoxville and Kingsport
- Just North of the Great Smoky Mountains National Park (14.1+ Million Visitors/Year) and West of the Cherokee Reservoir (2.5 Million Visitors/Year)
- Close Proximity to Chuck Swan State Forest, Big Ridge State Park, Norris Dam State Park, and Frozen Head State Park
- 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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