For Sale
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search

333 S Shady St Mountain City, TN 37683

Loading data...
Loading data...
Loading data...
For Sale
$1,434,352

NNN leased Dollar General with long-term tenancy and corporate guarantee.

Property size:
9,026 SF
Lot size:
428.00 Acres

Property Features for 333 S Shady St

General Information

Size
9,026 SF
Lot size
428.00 Acres

Source: STREAM Capital Partners Agent Connor Shell

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Dollar General NNN Investment Opportunity

This property features a rare lease structure with approximately 13 years remaining on a 15-year absolute NNN lease. The lease includes 5% rental increases every 5 years during the base term and 10% at the beginning of each option period. Dollar General has been a tenant since 2013 and recently extended their lease for 10 years, demonstrating a long-term commitment to the location. The lease is guaranteed by Dollar General Corporation, which holds an investment-grade credit rating of BBB by Standard & Poor's. The property is 9,026 square feet. Tennessee is a desired retail market due to its growing population and the absence of state income tax.
Location Intelligence

Current Use by Public Records

Dollar General Dollar Store Redbox Movie Rental Kiosk Western Union Money Transfer Service

Suggested Use

Restaurant Realty agency Law Firm Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

Price Less Foods

Location Insight

  • Map
  • Local Demand
City
Mountain City
County
Johnson
State
Tennessee
Longitude
-81.807099
Latitude
36.479087

FAQs

What type of property is this?
Grocery and convenience store - NNN leased Dollar General with long-term tenancy and corporate guarantee.
Where is this grocery and convenience store located?
The property is located at 333 S Shady St Mountain City, TN.
What is the asking price?
The asking price for this property is $1,434,352.
What are key features of this property?
This property features: - Investment Grade Tenant: Lease guaranteed by Dollar General Corporation (S&P:BBB).; - Long Term Tenancy: Dollar General occupied since 2013 with a recently extended 10-year lease.; - Rare Lease Structure: Features a 15-year absolute NNN lease (~13 Years Remaining).
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message