8955 Oak Ridge Hwy - Storefront FOR SALE
Knoxville, TN 37931 |
$2,747,000 USD
858-373-3174
8955 Oak Ridge Hwy
Knoxville, TN 37931
HIGHLIGHTS
- 15-Year Absolute NNN Lease, No Landlord Responsibilities
- Rare 5% Rental Increases Every 5 Years Throughout the Base Term and Options
- Upgraded Market Store, Larger Format with Expanded Produce/Grocery Offerings
- Investment Grade Credit Tenant, Rated ‘BBB’ by S&P
- Dollar General is the Nation’s Largest Retailer with 19,700+ Stores
- Brand New 2024 Construction on an Oversized Parcel
FOR SALE DETAILS
PRICE
$2,747,000 USD
PRICE/SF
$217 USD /SF
CAP RATE
6.35%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Dollar General Market
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront
ADD'L SUBTYPES
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2024
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.56 AC
LAND SF
67,757 SF
ZONING
-
APN/PARCEL ID
089BA-00601
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858-373-3174
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858-373-3174
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