Dollar General | US-70 & Westel loop
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Dollar General US-70 & Westel loop
10,566 SF 100% Leased Retail Building Rockwood, TN 37854 $2,830,688 CAD ($268 CAD/SF) 6.70% Cap Rate
Investment Highlights
- 15-Year Absolute NNN Lease, No Landlord Responsibilities
- Investment Grade Credit Tenant, Rated ‘BBB’ by S&P
- Brand New 2024 Construction on an Oversized Parcel
- Rare 5% Rental Increases Every 5 Years Throughout the Base Term and Options
- Dollar General is the Nation’s Largest Retailer with 20,000+ Stores
- Serving Over 55,000 Residents in Growing Roane County
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Building Size
10,566 SF
Year Built
2024
Price
$2,830,688 CAD
Price Per SF
$268 CAD
Cap Rate
6.70%
NOI
$189,680 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.08
Lot Size
3.00 AC
Opportunity Zone
Yes
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Dollar General | US-70 & Westel loop
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