1030 Congress Pkwy Athens, TN 37303

This exceptional investment opportunity presents a fee-simple, Class A, absolute triple-net (NNN) leased Dollar General store located at 1030 Congress Pkwy N, Athens, TN 37303. The 9,026 square foot building, constructed in 2018, sits on a 2.636-acre lot and boasts a strong financial performance. The current lease, commencing March 18, 2018, and expiring March 31, 2033, has a remaining term of approximately 8.4 years. Five, 5-year renewal options exist, each with a 10% rent increase. The property generates a substantial net operating income (NOI) of $95,025, resulting in a 6.36% cap rate and a price per square foot of $165.63. The tenant, Dollar General, is a publicly traded corporation providing a corporate guarantee. This single-tenant property enjoys 100% occupancy and benefits from its location approximately halfway between Chattanooga and Knoxville, Tennessee. According to Placer.ai, this store ranks #6 out of 19 Dollar General stores within a 15-mile radius, outperforming 64% of Tennessee stores and 61% nationwide. The property offers a passive investment opportunity with significant long-term growth potential due to the strong tenant, favorable lease terms, and prime location. The asking price is $1,495,000.