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Dollar General Market 8955 Oak Ridge Hwy

12,687 SF 4-Star Retail Building Knoxville, TN 37931 £2,191,282 (£173/SF) 6.35% Net Initial Yield

Investment Highlights

  • 15-Year Absolute NNN Lease, No Landlord Responsibilities
  • Upgraded Market Store, Larger Format with Expanded Produce/Grocery Offerings
  • Dollar General is the Nation’s Largest Retailer with 19,700+ Stores
  • Rare 5% Rental Increases Every 5 Years Throughout the Base Term and Options
  • Investment Grade Credit Tenant, Rated ‘BBB’ by S&P
  • Brand New 2024 Construction on an Oversized Parcel

Property Facts Under Contract

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
12,687 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2024
Price
£2,191,282
Price Per SF
£173
Net Initial Yield
6.35%
NOI
£139,120
Tenancy
Single
Number of Floors
1
Building FAR
0.19
Lot Size
1.56 AC

Links

1 of 1
(858) 373-3174

Contacts

  • Listing ID: 31577838

  • Date on Market: 22/04/2024

  • Last Updated:

  • Address: 8955 Oak Ridge Hwy, Knoxville, TN 37931

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© 2024 CoStar Group

Dollar General Market | 8955 Oak Ridge Hwy
(858) 373-3174 x

Dollar General Market | 8955 Oak Ridge Hwy

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Phil Sambazis

(858) 373-3174

(858) 373-3174

Jody McKibben

(615) 997-2860

(615) 997-2860

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