This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

Close
You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

941 characters remaining

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

We will automatically send your friend a one-time email inviting him or her to visit the site. LoopNet stores this information for the sole purpose of sending this one-time email and tracking the success of our referral program. View LoopNet's Privacy Policy

thank you

Your email has been sent!

DG Market | Bristol, TN 4460 US-421

10,640 SF Retail Building Bristol, TN 37620 £2,040,389 (£192/SF) 6.50% Net Initial Yield

Investment Highlights

  • NNN Single Tenant Investment Opportunity
  • 15-Year Lease with Five (5), Five (5) Year Options
  • Corporate Guarantee by Dollar General Corporation
  • Located in the Kingsport-Johnson City-Bristol MSA
  • 5% Rent Increases Every 5 Years During the Initial Term and Each Option

Executive Summary

Randall Commercial Group, LLC is pleased to exclusively offer for sale this brand new, free-standing DG Market store located in Bristol, TN. The subject property has a 15-year, NNN lease with 5% increases every 5 years during the primary term and each option, and a rent commencement date of July 2024. Bristol, TN is part of the Kingsport-Johnson City-Bristol MSA, one of the premier locations for growth in a state characterized by a continuous influx of new residents from across the country. Dollar General is an investment-grade tenant with a Standard & Poor’s “BBB” credit rating.

Attachments

1265.23 -- Bristol, TN 30449 OM 9 17 24

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,640 SF
Building Class
B
Year Built
2024
Price
£2,040,389
Price Per SF
£192
Net Initial Yield
6.50%
NOI
£132,625
Tenancy
Single
Number of Floors
1
Building FAR
0.12
Lot Size
2.05 AC
Parking
37 Spaces (3.48 Spaces per 1,000 SF Leased)
1 of 1

PROPERTY TAXES

Parcel Number 040H-A-003.00 Improvements Assessment £0
Land Assessment £3,052 Total Assessment £3,052

PROPERTY TAXES

Parcel Number
040H-A-003.00
Land Assessment
£3,052
Improvements Assessment
£0
Total Assessment
£3,052
(662) 234-4044

Contacts

  • Listing ID: 31299526

  • Date on Market: 22/03/2024

  • Last Updated:

  • Address: 4460 US-421, Bristol, TN 37620

1 of 4
VIDEOS
3D TOUR
PHOTOS
STREET VIEW STREET
MAP

1/4
4460 US-421, Bristol, TN for sale Primary Photo- Image 1 of 4
1018.15 -- DG Market Mini Pic
4460 US-421, Bristol, TN for sale Building Photo- Image 2 of 4
1018.15 -- DGMM Building Elevation
4460 US-421, Bristol, TN for sale Building Photo- Image 3 of 4
1265.23 -- Bristol, TN 30449 Site Plan

1 of 1

Connect with us

© 2024 CoStar Group

DG Market | Bristol, TN | 4460 US-421
(662) 234-4044 x

DG Market | Bristol, TN | 4460 US-421

1/2

Elizabeth Randall

(662) 234-4044

(662) 234-4044

Brian Phillips

(662) 638-0722

(662) 638-0722

Already a member? Log In

First Name*

Last Name*

Please enter an email address.

Email*

Phone*

Ext (optional)

Company (optional)

Please leave a message.

Message*

{{messageTextLength}} out of 600

New to LoopNet? No problem. We'll automatically create a free account for you. By clicking the button, you agree to LoopNet's Terms of Use and Privacy Policy.

Hmm, there seems to have been an error sending your message. Please try again.

Thanks! Your message was sent.

Send another message

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}
You can provide feedback any time using the Help button at the top of the page.

Share Link