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32954575
32954577

3050 Highway 66 S, Rogersville, TN 37857 For Sale

SS
MI MI 6502426558
Exclusive Realty
Listed by Exclusive Realty
$1,211,200
52 days on market
Updated 5 days ago

Dollar General

Details
Property Type Retail
Sub Type Convenience Store
Square Footage 9,100
Cap Rate 6.75%
NOI $81,756
Tenancy Single
Brand/Tenant Dollar General
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 02/27/2031
Remaining Term 4.8
Rent Bumps Yes
Lease Options 5 (5) Year Options
Year Built 2016
Acreage 3.110
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 03/01/2016
Ground Lease No

Retail | 6.75% CAP | 9,100 SqFt

Marketing description

Exclusive Realty is pleased to present an Absolute NNN leased Dollar General investment opportunity located in the historic town of Rogersville. Situated in Hawkins County, Rogersville is one of the oldest towns in Tennessee and serves as a key commercial and governmental hub for the surrounding region. The property benefits from strong accessibility via U.S. Route 11W and State Route 66, connecting the area to larger regional markets such as Kingsport, Morristown, and Johnson City. The town offers a variety of amenities including local retail, restaurants, schools, and healthcare providers such as Hawkins County Memorial Hospital, supporting a stable and consistent population base. Rogersville is also known for its charming and well-preserved historic downtown, including landmarks such as Hale Springs Inn, along with access to outdoor recreation in the surrounding Appalachian region. The tenant, Dollar General, is one of the largest and most recognized discount retailers in the United States, operating more than 19,000 locations nationwide. The store provides essential goods including groceries, household items, health and beauty products, and seasonal merchandise, serving as a primary retail destination for residents in Rogersville and the surrounding trade area. This location benefits from steady local traffic, limited direct competition, and consistent demand for value-oriented retail in a stable rural market. The Absolute NNN lease structure provides investors with passive ownership and minimal landlord responsibilities, offering stable long-term income backed by a nationally recognized tenant.

Investment highlights

  • Absolute NNN lease providing passive ownership with minimal landlord responsibilities
  • Tenant: Dollar General - nationally recognized discount retailer
  • Tennessee is a No Income Tax State
  • Located in Rogersville within Hawkins County
  • Historic town serving as a regional hub in Northeast Tennessee
  • Strong accessibility via U.S. Route 11W and State Route 66
  • Proximity to Kingsport, Morristown, and Johnson City
  • Nearby amenities including retail, restaurants, schools, and Hawkins County Memorial Hospital
  • Historic downtown and attractions such as Hale Springs Inn
  • Limited competition supporting strong store performance
  • Stable long-term investment opportunity with reliable income backed by a national tenant

Listing Contacts

SS
MI MI 6502426558
Exclusive Realty
Listed by Exclusive Realty

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$81,756.00
$6,813.00/mo

Valuation Metrics

0
DSCR
6.75%
Cap Rate
6.75%
ROI

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