Freestanding Grocery and Convenience
For Sale
Contact for pricing
7595 Erwin Hwy, Chuckey, TN 37641
Brand-new standalone retail facility with a long-term NNN lease and scheduled 5% increases.
Property SizeContact for details
Days on Market144
Property Features for 7595 Erwin Hwy
General Information
Standard status
Active
Property subtype
Retail
Additional Details
Traffic Count
4,273 vehicles/day
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 11
Changed: Aug 31
Last Checked: Aug 30 at 12:08PM
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 grocery and convenience store is leased to DG Market, a Dollar General Corporation business, under a 15-year NNN lease. The agreement provides 5% increases every 5 years during the preliminary term and each option period. Estimated delivery was January 2024, supporting a recently developed retail asset with a defined lease structure.
The property is at 7595 Erwin Hwy in Chuckey, Tennessee, approximately 12 miles from downtown Greeneville. Erwin Highway carries 4,273 vehicles per day at the site. Chuckey is within the Johnson City-Kingsport-Bristol combined statistical area, commonly known as the Tri-Cities region, which has a population of over 500,000. The tenant is described as having an investment-grade profile with a Standard & Poor's BBB credit rating.
The property is at 7595 Erwin Hwy in Chuckey, Tennessee, approximately 12 miles from downtown Greeneville. Erwin Highway carries 4,273 vehicles per day at the site. Chuckey is within the Johnson City-Kingsport-Bristol combined statistical area, commonly known as the Tri-Cities region, which has a population of over 500,000. The tenant is described as having an investment-grade profile with a Standard & Poor's BBB credit rating.
Key Highlights
- 15‑year NNN lease with 5% increases every 5 years during the preliminary term and each option
- Freestanding DG Market operated by Dollar General Corporation
- Estimated delivery date of January 2024
Property Analytics
Property Profile
Current Use
Lease Details
4,273 VPD
Traffic count
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
12
Businesses Nearby
5k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Dollar General
Shops & Services
5,106 visits/mo
0.0 miles
Demographics for 37641, TN
8,699
Population
4,077
Households
2.1
Avg Household Size
48
Median Age
14%
College-Educated
89%
High-School Grad
93.7 sq mi
ZIP Area
93
Density / Sq Mi
$62,598
Median Household Income
$36,398
Median Earnings
$597
Median Rent
$184,600
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?
Grocery and convenience store - Brand-new standalone retail facility with a long-term NNN lease and scheduled 5% increases.
Where is this grocery and convenience store located?
The property is located at 7595 Erwin Hwy Chuckey, TN.
What are key features of this property?
This property features: 15‑year NNN lease with 5% increases every 5 years during the preliminary term and each option; Freestanding DG Market operated by Dollar General Corporation; Estimated delivery date of January 2024
