1275 Us-25WDandridge, TN 37725

Property Details for 1275 Us-25W

Year built

2000

Lot size

1.27 AC

Property size (Sq ft)

9,026 SF

Property type

Retail properties

Property subtype

Other retail properties

Description

This exceptional investment opportunity presents a fee-simple, absolute triple-net (NNN) leased Dollar General storefront in Dandridge, Tennessee. The property, built in 2000 and boasting 8,770 square feet of net rentable space on a 1.27-acre lot, features a rare all-wood construction, significantly upgrading the standard Dollar General design. The current lease, commencing July 13, 2020, and expiring July 31, 2035, offers a substantial remaining term of over 10.7 years. Five, 5-year renewal options are included, each with a 10% rent increase. The property generates a strong annual net operating income (NOI) of $91,420, representing a 6.00% cap rate and a low annual rental rate of less than $11.00 per square foot. This location enjoys high visibility and traffic, ranking 4th out of 26 Dollar Generals within a 15-mile radius in terms of visitor traffic, outperforming 88% of its competitors. Furthermore, it ranks 197th out of 905 stores statewide (outperforming 78%) and 4,722nd out of 18,711 nationwide (outperforming 74%). The tenant, Dollar General, is a publicly traded, investment-grade company providing a corporate guarantee. Located at 1275 US-25W in Dandridge (Jefferson County), this property benefits from its position within the Knoxville Metropolitan Statistical Area (MSA), a rapidly growing region with a population exceeding 932,000. The property's strong performance, long lease term, and built-in rent increases make it an attractive, low-maintenance investment in a tax-free state. The property is offered at an asking price of $1,525,000.

Location Insight

City

Dandridge

County

Jefferson

State

Tennessee

Latitude

36.0428

Longitude

-83.3478

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].