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Dollar General US-70 & Westel loop

10,566 SF 100% Leased Retail Building Rockwood, TN 37854 $1,997,000 ($189/SF) 6.70% Cap Rate

Retail Space Tennessee Rockwood US-70 & Westel loop, Rockwood, TN 37854

INVESTMENT HIGHLIGHTS

  • 15-Year Absolute NNN Lease, No Landlord Responsibilities
  • Investment Grade Credit Tenant, Rated ‘BBB’ by S&P
  • Brand New 2024 Construction on an Oversized Parcel
  • Rare 5% Rental Increases Every 5 Years Throughout the Base Term and Options
  • Dollar General is the Nation’s Largest Retailer with 20,000+ Stores
  • Serving Over 55,000 Residents in Growing Roane County

PROPERTY FACTS Under Contract

Sale Type
Investment NNN
Property Type
Retail
Building Size
10,566 SF
Year Built
2024
Price
$1,997,000
Price Per SF
$189
Cap Rate
6.70%
NOI
$133,816
Percent Leased
100%
Building Height
1 Story
Building FAR
0.08
Lot Size
3.00 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
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(858) 373-3174

CONTACTS

  • Listing ID: 32479796

  • Date on Market: 7/16/2024

  • Last Updated:

  • Address: US-70 & Westel loop, Rockwood, TN 37854

More public record information on US-70 & Westel loop, Rockwood, TN 37854

The Retail Property at US-70 & Westel loop, Rockwood, TN 37854 is currently available for sale. Contact Marcus & Millichap for more information.

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Dollar General | US-70 & Westel loop
(858) 373-3174 x

Dollar General | US-70 & Westel loop

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Phil Sambazis

(858) 373-3174

(858) 373-3174

Jody McKibben

(615) 997-2860

(615) 997-2860

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