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31270796
31270797

108 Creek St, Rocky Top, TN 37769 For Sale

SS
MI MI 6502426558
Exclusive Realty
JL
MI 6501446486
Exclusive Realty
Listed by Exclusive Realty
$1,686,204
41 days on market
Updated 34 days ago

Dollar General Market

Details
Property Type Retail
Sub Type Convenience Store, Grocery Store
Square Footage 20,304
Net Rentable (SqFt) 20,915
Units 1
Cap Rate 7.35%
NOI $123,936
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar General
Lease Type NN
Lease Term 10.1
Lease Expiration 03/31/2033
Remaining Term 6.7
Rent Bumps Yes
Lease Options 5 (5) Year Options
Price per SqFt $83
Year Built 1964
Year Renovated 2023
Buildings 1
Stories 1
Acreage 1.980
Zoning Commercial
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 03/15/2023
Ground Lease No

Retail | 7.35% CAP | 20,304 SqFt

Marketing description

Exclusive Realty is pleased to present a NN Dollar General Market for sale in Rocky Top, Tennessee, a well-located daily-needs retail asset serving a growing residential corridor in Anderson County. Positioned along a traveled community thoroughfare with convenient access to local neighborhoods, schools, parks, and regional employers, this Dollar General Market benefits from steady shopper traffic and strong demand for groceries and essential goods. Rocky Top offers a blend of small-town charm, outdoor recreation, and proximity to Norris Lake and I-75, supporting consistent year-round consumer activity. The property’s strategic trade-area location and dependable national tenant make it an attractive opportunity for investors seeking stable income in a resilient convenience-retail market.

Investment highlights

  • Dollar General Market — expanded grocery and essentials format with strong consumer draw
  • Fully Renovated in 2023 and upgraded to the Dollar General Market format
  • Brand New Roof with 20 Year Warranty that expires in 2043
  • Located in a steady Anderson County trade area near residential neighborhoods and schools
  • Tennessee is a No Income Tax State
  • Convenient access to Norris Lake recreation, parks, and regional employment centers
  • Positioned along a well-traveled local corridor with consistent daily traffic
  • NN lease structure with a nationally recognized, investment-grade tenant
  • Low-management asset in a stable, needs-based retail category suitable for long-term hold

Listing Contacts

SS
MI MI 6502426558
Exclusive Realty
JL
MI 6501446486
Exclusive Realty
Listed by Exclusive Realty

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$123,936.00
$10,328.00/mo

Valuation Metrics

0
DSCR
7.35%
Cap Rate
7.35%
ROI

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