Listed by Matthews
$1,422,857
Dollar General - Dandridge, TN
Details
APN 057 05207
Property Type Retail
Sub Type Grocery Store, Dollar general
Square Footage 9,100
Cap Rate 7%
NOI $99,600
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar General, Dollar Tree
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 07/31/2033
Remaining Term 7
Rent Bumps Yes
Lease Options Five (5), 5-Years
Year Built 2018
Year Renovated 2026
Stories 1
Acreage 1.430
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 07/17/2018
Ground Lease No
$1.4M | Knoxville + Sevierville MSA | Adjacent to New Townhome Development
Investment highlights
- Knoxville MSA | Booming Tourism Nearby - 20M+ Annual Visitors Across Sevierville-Pigeon Forge-Gatlinburg -- Dandridge has become a top destination for retirees or domestic relocations to tax-free states due to the affordability & proximity to major demand drivers nearby in Knoxville & Sevier Co.
- Great Smoky Mountains National Park -- 13M+ Annual Visitors (#1 Visited National Park)
- Pigeon Forge -- 11M+ Annual Visitors (Titanic Museum, Dinner Shows, Outdoor Sports)
- Dollywood -- 3M+ Annual Visitors (#1 Ranked Theme Park in U.S. - TripAdvisor)
- University of Tennessee -- 40,000+ Students (Largest University in TN)
- Explosive Population Growth | Desirable Lake Lifestyle | Affordability vs Surrounding Regions - known as the "Lakeway" region of the Knoxville MSA due to the leisurely lifestyles along Cherokee & Douglas Lakes, Jefferson County as a whole is experiencing unprecedented growth patterns.
- Jefferson Co. Population Growth Since 2010 -- 17.6%
- Dandridge Annual Population Growth -- 3.0%
- Adjacent Construction of Retail & Multifamily Projects | Direct Access to Consumer Base - positioning at the entrance to Creekside Ridge, a new Townhome development, offers direct access to consumers. Retailer Success near multifamily is a shared expectation & was confirmed by the construction of a new shopping center adjacent & many other retailers opening locations next door.
- Creekside Ridge Townhomes -- 73+ new townhomes with more under construction.
- Commons at Creekside Ridge Shopping Center -- new 20,000+ SF retail center home to local tenants.
- 18k+ VPD along Hwy 92 | Main Connector of Dandridge & Jefferson City | Nearby High School - located in the heart of Jefferson County & nearby JCHS, this Dollar General has frontage to one of the county's most heavily trafficked roads.
- Investment Grade Credit | 7-Year Absolute NNN Lease Structure -- zero landlord responsibilities.
- DG Credit Rating -- 'BBB' (Investment Grade)
- Lease Type -- Absolute NNN
- Term Remaining -- 7+ Years
- Guarantor -- Dolgencorp, LLC (Corporate)
Listing Contacts
Listed by Matthews
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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$99,600.00
$8,300.00/mo
Valuation Metrics
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DSCR
7%
Cap Rate
7%
ROI
Map
Zoning
B-2 CommercialGeneral CommercialGeneral Commercial District
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View all 27 uses Last updated May 21, 2026 For deeper zoning details, reports are available at Zoneomics
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