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Dollar General Market Blair Road & Poplar Creek Road

12,480 SF Retail Building Oliver Springs, TN 37840 £1,703,887 (£137/SF) 6.70% Net Initial Yield

Investment Highlights

  • 15-Year Absolute NNN Lease, No Landlord Responsibilities
  • Upgraded Market Store, Larger Format with Expanded Produce/Grocery Items
  • Dollar General is the Largest Retailer in the U.S. with 19,700+ Stores
  • Rare 5% Increases Every 5 Years Throughout the Base Term and Options
  • Investment Grade Credit Tenant, Rated ‘BBB’ by S&P
  • Classified Nationally as an Essential Retailer for Daily Shopping Needs

Property Facts Under Contract

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
12,480 SF
Year Built
2024
Price
£1,703,887
Price Per SF
£137
Net Initial Yield
6.70%
NOI
£114,184
Tenancy
Single
Number of Floors
1

Links

1 of 1
(858) 373-3174

Contacts

  • Listing ID: 31281408

  • Date on Market: 20/03/2024

  • Last Updated:

  • Address: Blair Road & Poplar Creek Road, Oliver Springs, TN 37840

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Dollar General Market | Blair Road & Poplar Creek Road
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Dollar General Market | Blair Road & Poplar Creek Road

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Phil Sambazis

(858) 373-3174

(858) 373-3174

Jody McKibben

(615) 997-2860

(615) 997-2860

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