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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
Freestanding
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

Truist
Cracker Barrel Old Country Store

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 018D-B-017.00
  • 018D-B-007.00
Land Assessment
$37,540
Improvements Assessment
$462,840
Total Assessment
$500,380
  • Listing ID: 27508691

  • Date on Market: 1/13/2023

  • Last Updated:

  • Address: 304 Creek St, Rocky Top, TN 37769

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