Dollar General Market
Single-Tenant Offerings
Dollar General Market
SEC of Mountain Ranch Dr. & Douglas Dam Rd.
Dandridge (Knoxville MSA), TN
- Price:
- $2,541,000
- Cap Rate:
- 6.70%
- NOI:
- $170,278
- Rentable SQFT:
- 12,764 SF
- Year Built:
- 2025
- Lot Size:
- 2.62 +/- 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
- Upgraded Market Store, Larger Format with Expanded Produce/Grocery Offerings
- Investment Grade Credit Tenant, Rated ‘BBB’ by S&P
- Dollar General is the Nation’s Largest Retailer with 19,700+ Stores
- Brand New 2024 Construction on an Oversized Parcel
- Serving Over 34,700 Residents in Rapidly Growing Suburb to Knoxville
- Strong Average Household Incomes in Excess of $74,000 within 3 and 5 Miles
- Strategic Location, Closest Dollar General Market Store is Over 22 Miles Away
- Easy Access to I-40 with 78,400 Cars/Day, Major East/West Artery Connecting to Downtown Knoxville and Raleigh, NC
- Situated in the Foothills of the Great Smoky Mountains Near Douglas Lake with 1.7 Million Annual Visitors
- Just North of the Great Smoky Mountains National Park with 13.3 Million Visitors Annually
- Close Proximity to Norris Dam State Park, Big Ridge State Park, Frozen Head State Park, and Lone Mountain State Forest
- In the Heart of the Appalachian Region where Tourism is the Fastest Growing Industry
- Strong Daytime Population, Over 7,500 Employees within the Primary Trade Area
- Tax Free State, No State Income Tax in Tennessee
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