333 S Shady St | Mountain City, TN 37683
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- LoopNet Team
333 S Shady St
Mountain City, TN 37683
Dollar General · Retail Property For Sale
Investment Highlights
- 15 year absolute NNN lease with 5% rental bumps every 5 years during the base term and 10% at beginning of each option period.
- Tennessee is one of the most desired retail markets in the country due to its rising population and no state income tax for its citizens.
- Dollar General has occupied since 2013 and recently extended 15 year lease term showing long term commitment to the site.
- The lease is guaranteed by an investment grade tenant in Dollar General Corporation (S&P:BBB).
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,026 SF
Building Class
C
Year Built
2013
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
1.70 AC
Zoning
B-3
Parking
53 Spaces (5.87 Spaces per 1,000 SF Leased)
Frontage
418 FT on Shady St
PROPERTY TAXES
| Parcel Number | 048A-A-002.00 | Improvements Assessment | $259,600 |
| Land Assessment | $51,360 | Total Assessment | $310,960 |
PROPERTY TAXES
Parcel Number
048A-A-002.00
Land Assessment
$51,360
Improvements Assessment
$259,600
Total Assessment
$310,960
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