Dollar General Mini Market
Offerings
Dollar General Mini Market
1801 Maryville Pike
Knoxville, TN
- Price:
- $2,225,000
- Cap Rate:
- 6.35%
- NOI:
- $141,284
- Rentable SQFT:
- 10,767 SF
- Year Built:
- 2024
- Lot Size:
- 2.22 +/- Acres
- Lease Type:
- Absolute NNN
- Status:
- Under Contract
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 19,000+ Stores
- Classified Nationally as an Essential Retailer for Daily Shopping Needs
- Brand New 2024 Construction on an Oversized Parcel
- Serving Over 100,000 Residents in Growing Knoxville Suburb, 3 Miles South of Downtown Knoxville
- Strategic Location, Closest Dollar General Market Store is Approximately 11 Miles Away
- Average Household Income Exceeds $76,000 within 3 Miles
- 4 Miles to the University of Tennessee with 36,300 Students and 11,491 Employees
- 3 Miles to the Award-Winning University of Tennessee Medical Center, a 581-Bed Academic Medical Center with 3,549 Employees
- Northwest of the Great Smoky Mountains (14+ Million Visitors/Year) and Cherokee National Forest (2+ Million Visitors/Year)
- Close Proximity to Norris Dam State Park, Big Ridge State Park, Frozen Head State Park, and Lone Mountain State Forest
- 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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