Dollar General
NEW LEASE! 5% INCREASE EVERY 5 YEARS!
Marketing description
I am pleased to bring to the market this NNN Dollar General store in Rockwood, TN! This store has the new lease! It is a 15 year initial term NNN lease with 5 - 5 year options with a 5% rent increase every 5 years. There are over 2,000 vehicles per day in front of the store. Rockwood, TN has over 5,000 people in the area. Rockwood is located NE Tennessee in between Crossville and Knoxville. The monthly rental income is $11,151.33. The yearly rental income is $133,815.96. 6.7% CAP. $1,997,253 Sales Price. This store opened December 2023. Contact me today for more information!
Investment highlights
I am pleased to bring to the market this NNN Dollar General store in Rockwood, TN! This store has the new lease! It is a 15 year initial term NNN lease with 5 - 5 year options with a 5% rent increase every 5 years. There are over 2,000 vehicles per day in front of the store. Rockwood, TN has over 5,000 people in the area. Rockwood is located NE Tennessee in between Crossville and Knoxville. The monthly rental income is $11,151.33. The yearly rental income is $133,815.96. 6.7% CAP. $1,997,253 Sales Price. This store opened December 2023. Contact me today for more information!
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Similar Properties
Is there information that looks off?
