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DG Market | Benton, TN 113 Lifestyle Way Hwy

10,566 SF Retail Building Benton, TN 37307 $3,198,636 CAD ($303 CAD/SF) 6.65% Cap Rate

Investment Highlights

  • NNN Single Tenant Investment Opportunity
  • 15-Year Lease with Five (5), Five (5) Year Options
  • Corporate Guarantee by Dolgencorp, LLC
  • Located in the Cleveland, TN MSA and Chattanooga Combined Statistical Area
  • 5% Increases Per Option

Executive Summary

Randall Commercial Group, LLC is pleased to exclusively offer for sale this brand new, free-standing Dollar General Market located in Benton, TN. The subject property has a 15-year, NNN lease with an estimated delivery date of February 23, 2025. The property is located 113 Lifestyle Way, Benton, TN. The investment is located on Lifestyle Way on the northeast side of Benton, the seat of Polk County, close to downtown. Benton's 2020 estimated population is 1,532 and is a part of the Cleveland, Tennessee MSA which is part of the Chattanooga Combined Statistical Area. The Cleveland MSA is one of the largest industrial and manufacturing hubs in the state of Tennessee. Nearby points of interest include Chilhowee Mountain, the Hiwassee River, and the Ocoee River, offering a wealth of outdoor recreational activities that fuel the largest sector of the Polk County economy. Dollar General is an investment-grade tenant with a Standard & Poor’s “BBB” credit rating.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,566 SF
Year Built
2025
Construction Status
Under Construction
Price
$3,198,636 CAD
Price Per SF
$303 CAD
Cap Rate
6.65%
NOI
$212,709 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
2.68 AC
  • Listing ID: 34109431

  • Date on Market: 2024-12-06

  • Last Updated:

  • Address: 113 Lifestyle Way Hwy, Benton, TN 37307

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