Dollar General Net-Lease
2147 Watts Bar Hwy Spring City, TN 37381
2147 Watts Bar Hwy, Spring City, TN, 37381
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For Sale
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Fully leased Dollar General store built in 2018 under a 15-year absolute net lease.
Property Size9,026 SF
Price / SF$145.63
Days on Market77
Property Features for 2147 Watts Bar Hwy
General Information
- Standard status
- Active
- Size
- 9,026 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2018
Listing agency
Matthews
Listed by
Josh Bishop · License #TX 688810
Source
Crexi
Added: May 7 Updated: Jul 22 at 5:00AM Checked: Jul 22 at 5:00AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Matthews
Investment Insights
Based on property information with market context.
Exclusively offered is a fully-leased Dollar General store built in 2018 on a build-to-suit basis. The property is covered by a 15-year absolute net lease structure, with approximately 7.5 years remaining on the initial term. The lease includes five 5-year extension options, each with 10% rent increases during the option periods. Dollar General Corporation provides a corporate guarantee.
The asset is located in Rhea County, Spring City, Tennessee, with access to Highway 27, which carries approximately 9,550 vehicles per day.
This offering is structured as an NNN property with a nationally recognized tenant and an investment-grade corporate guarantee.
The asset is located in Rhea County, Spring City, Tennessee, with access to Highway 27, which carries approximately 9,550 vehicles per day.
This offering is structured as an NNN property with a nationally recognized tenant and an investment-grade corporate guarantee.
Key Highlights
- Fully leased Dollar General store built in 2018 at 2147 Watts Bar Highway, Spring City, TN.
- 15‑year absolute net lease with approximately 7.5 years remaining on the initial term.
- Lease includes five 5‑year extension options with 10% rent increases each option period.
Property Analytics
Location Intelligence
Current Use by Public Records
FedEx OnSite
Postal Service
Western Union
Bank
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FAQs
What type of property is this?
Grocery and convenience store - Fully leased Dollar General store built in 2018 under a 15-year absolute net lease.
Where is this grocery and convenience store located?
The property is located at 2147 Watts Bar Hwy Spring City, TN.
What is the asking price?
The asking price for this property is $1,314,475.
What are key features of this property?
This property features: Fully leased Dollar General store built in 2018 at 2147 Watts Bar Highway, Spring City, TN.; 15‑year absolute net lease with approximately 7.5 years remaining on the initial term.; Lease includes five 5‑year extension options with 10% rent increases each option period.
