Newport Hwy. - Freestanding FOR SALE


Sevierville, TN 37876
$2,349,000 USD
858-373-3174
Newport Hwy., Sevierville, TN for Sale
$2,349,000 USD
Freestanding - FOR SALE
1/2
null | 6.65% Cap Rate

Newport Hwy.
Sevierville, TN 37876


HIGHLIGHTS

  • 15-Year Absolute NNN Lease, No Landlord Responsibilities
  • Rare 5% Rental Increases Every 5 Years in Base Term and Options
  • Investment Grade Credit Tenant, Rated ‘BBB’ by S&P
  • Dollar General is the Nation’s Largest Retailer with 20,000+ Stores
  • Brand New Construction with Brick Storefront on an Oversized Parcel
  • Serving Over 40,000 Residents in Rapidly Growing Suburb to Knoxville

FOR SALE DETAILS

PRICE

$2,349,000 USD

PRICE/SF

$217 USD /SF

CAP RATE

6.65%

% LEASED

-

TENANCY

-

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront, Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Phil SambazisMarcus & MillichapMore Info
858-373-3174

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Phil SambazisMarcus & MillichapMore Info
858-373-3174

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