4460 US-421 - Freestanding FOR SALE


Bristol, TN 37620
$2,607,692 USD
662-234-4044
4460 US-421, Bristol, TN for Sale
$2,607,692 USD
Freestanding - FOR SALE
1/3
null | 6.5% Cap Rate

4460 US-421
Bristol, TN 37620


HIGHLIGHTS

  • NNN Single Tenant Investment Opportunity
  • Located in the Kingsport-Johnson City-Bristol MSA
  • 15-Year Lease with Five (5), Five (5) Year Options
  • 5% Rent Increases Every 5 Years During the Initial Term and Each Option
  • Corporate Guarantee by Dollar General Corporation

OVERVIEW

Randall Commercial Group, LLC is pleased to exclusively offer for sale this brand new, free-standing DG Market store located in Bristol, TN. The subject property has a 15-year, NNN lease with 5% increases every 5 years during the primary term and each option, and a rent commencement date of July 2024. Bristol, TN is part of the Kingsport-Johnson City-Bristol MSA, one of the premier locations for growth in a state characterized by a continuous influx of new residents from across the country. Dollar General is an investment-grade tenant with a Standard & Poor’s “BBB” credit rating.

FOR SALE DETAILS

PRICE

$2,607,692 USD

PRICE/SF

$245 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

DG Market | Bristol, TN

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Convenience Store, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

37

LAND DETAILS

LAND ACRES

2.05 AC

LAND SF

89,298 SF

ZONING

-

APN/PARCEL ID

040H-A-003.00

ASK ABOUT THIS PROPERTY

Elizabeth RandallRandall Commercial Group, LLCMore Info
662-234-4044

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Elizabeth RandallRandall Commercial Group, LLCMore Info
662-234-4044

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.