Dollar General NNN
For Sale
Contact for pricing
6205 Newport Hwy, Greeneville, TN 37743
Freestanding retail property with a long-term NNN lease and scheduled five-year increases.
Property SizeContact for details
Days on Market141
Property Features for 6205 Newport Hwy
General Information
Standard status
Active
Property subtype
Retail
Building Details
Buildings
1
Tenancy
Single
Listing Agency:
Randall Commercial Group, LLC
(662) 234-4043
Listed By:
Elizabeth Randall · License #MS 19734
Source:
Crexi
Added: Apr 13
Changed: Aug 31
Last Checked: Aug 29 at 5:49PM
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 Randall Commercial Group, LLC
Investment Insights
Based on property information with market context.
This freestanding Dollar General property is positioned as a single-tenant retail asset at 6205 Newport Hwy in Greeneville, Tennessee. The building is newly constructed and occupied by Dollar General, providing a clearly defined commercial format for the property.
The lease commenced May 2, 2024, and runs for 15 years under an NNN structure. Contractual increases of 5% occur every 5 years during the initial term and continue through each option period. Dollar General has a Standard & Poor’s BBB credit rating.
Greeneville serves as the county seat of Greene County. The community is identified as 70 miles northeast of Knoxville, 30 miles southwest of the Tri-Cities area of Johnson City-Kingsport-Bristol, and 50 miles northwest of Asheville, North Carolina. The property is also within Greene County, home to Tusculum University and the Greeneville Flyboys.
The lease commenced May 2, 2024, and runs for 15 years under an NNN structure. Contractual increases of 5% occur every 5 years during the initial term and continue through each option period. Dollar General has a Standard & Poor’s BBB credit rating.
Greeneville serves as the county seat of Greene County. The community is identified as 70 miles northeast of Knoxville, 30 miles southwest of the Tri-Cities area of Johnson City-Kingsport-Bristol, and 50 miles northwest of Asheville, North Carolina. The property is also within Greene County, home to Tusculum University and the Greeneville Flyboys.
Key Highlights
- Newly constructed, freestanding Dollar General retail property
- 15‑year NNN lease commenced May 2, 2024
- 5% contractual increases every 5 years during the primary term and each option
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
8
Businesses Nearby
4k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 100%
Dollar General Market
Groceries
3,761 visits/mo
0.0 miles
Demographics for 37743, TN
25,755
Population
11,203
Households
2.3
Avg Household Size
46
Median Age
17%
College-Educated
87%
High-School Grad
222.2 sq mi
ZIP Area
116
Density / Sq Mi
$52,802
Median Household Income
$34,983
Median Earnings
$729
Median Rent
$195,400
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Freestanding retail property with a long-term NNN lease and scheduled five-year increases.
Where is this nnn property located?
The property is located at 6205 Newport Hwy Greeneville, TN.
What are key features of this property?
This property features: Newly constructed, freestanding Dollar General retail property; 15‑year NNN lease commenced May 2, 2024; 5% contractual increases every 5 years during the primary term and each option
