Dollar General Market | 304 Creek St
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Dollar General Market 304 Creek St
15,292 SF Retail Building Rocky Top, TN 37769 $1,589,000 ($104/SF) 7.80% Cap Rate
Investment Highlights
- New 10-Year Lease, 10% Increases Every 5 Years Beginning in Each Option Period
- Investment Grade Credit Tenant, Rated ‘BBB’ by S&P
- Classified Nationally as an Essential Retailer for Daily Shopping Needs
- Upgraded Market Store, Larger Format with Expanded Produce/Grocery Offerings
- Dollar General is the Nation’s Largest Retailer with 19,000+ Stores
- Interior/Exterior Completely Remodeled, New Roof, HVAC, and Parking Lot
Property Facts Under Contract
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
15,292 SF
Building Class
B
Year Built
2023
Price
$1,589,000
Price Per SF
$104
Cap Rate
7.80%
NOI
$123,936
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
2.13 AC
Nearby Major Retailers
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $462,840 | |
Land Assessment | $37,540 | Total Assessment | $500,380 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$37,540
Improvements Assessment
$462,840
Total Assessment
$500,380
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Dollar General Market | 304 Creek St
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