333 S Shady St - Freestanding FOR SALE
Mountain City, TN 37683 |
333 S Shady St
Mountain City, TN 37683
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.
- Dollar General has occupied since 2013 and recently extended 15 year lease term showing long term commitment to the site.
- 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.
- The lease is guaranteed by an investment grade tenant in Dollar General Corporation (S&P:BBB).
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Dollar General
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
9026
STORIES
1
YEAR BUILT
2013
SPRINKLERS
-
PARKING SPACES
53
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
048A-A-002.00
