Dollar General Market
Single-Tenant Offerings
Dollar General Market
304 Creek Street
Rocky Top, TN
- Price:
- $1,589,000
- Cap Rate:
- 7.80%
- NOI:
- $123,936
- Rentable SQFT:
- 15,292 SF
- Year Built:
- 2023
- Lot Size:
- 1.86 +/- Acres
- Lease Type:
- NN
- Status:
- Under Contract
Investment Highlights
- New 10-Year Lease, 10% Increases Every 5 Years Beginning in Each Option Period
- 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 19,000+ Stores
- Classified Nationally as an Essential Retailer for Daily Shopping Needs
- Competition Void in Immediate Trade Area, Closest Dollar General Market Store is Over 18 Miles Away
- Interior/Exterior Completely Remodeled, New Roof, HVAC, and Parking Lot
- Rare Brick Building on Three Sides with Block Storefront
- Serving Over 77,000 Residents in Growing Knoxville Suburb, 23 Miles Northwest of Downtown Knoxville
- Just Off I-75 with 43,025 Cars/Day, Direct Access to Downtown Knoxville and the Great Smoky Mountains with Over 14.1 Million Visitors Annually
- Close Proximity to Frozen Head State Park, Chuck Swan State Forest, Norris Dam State Park, and Big Ridge 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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