Listing Agency: Exclusive Realty s***@exclusive-realty.com Show Phone

Listed By: Steve Sagmani · License #6502426558 Show Phone

Source: Moodyscre

Added: Apr 22, 2024 Changed: Jul 6 Last Checked: Jul 21 at 5:07AM

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Investment Insights

Based on property information with market context.

This 8,000 square foot Dollar General store is located in Surgoinsville, Tennessee. The property has a NN Lease with minimal landlord responsibilities. The lease is corporately guaranteed by Dollar General, Inc., which holds a credit rating of “BBB”, and this is classified as investment grade. The property is located near Lee Hwy, which sees over 9,500 vehicles per day. The five-mile average household income exceeds $40,000 within a 5- mile radius. This investment will offer a new owner continued success due to the financial strength and the proven profitability of the tenant, one of the nation’s top dollar stores.

Key Highlights

• Corporately guaranteed NN Lease by Dollar General, Inc. (credit rating “BBB” - investment grade)
• Located near Lee Hwy with high traffic volume (9,500+ vehicles per day)
• 8,000 square foot Dollar General store in Surgoinsville, Tennessee

Property Analytics

Property Profile

Current Use

Storefront properties

Suggested Use

Top Pick Dental Office Auto Parts Store Auto Repair Shop Skin Care Clinic Tanning Salon Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

4

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

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Frequently Asked Questions

What type of property is this?

Storefront property - 8,000 SF Dollar General in Surgoinsville, Tennessee for sale.

Where is this storefront property located?

The property is located at 3394 Hwy 11w Surgoinsville, TN.

What is the asking price?

The asking price for this property is $789,000.

What are key features of this property?

This property features: Corporately guaranteed NN Lease by Dollar General, Inc. (credit rating “BBB” - investment grade); Located near Lee Hwy with **high traffic volume (9,500+ vehicles per day)**; 8,000 square foot Dollar General store in Surgoinsville, Tennessee