Dollar General - White Pine, TN -Sexton

Retail-Commercial for Sale
Catylist Listing ID: 30572930
Property Subtypes: Free-Standing Building, Street Retail
Building Size (RSF): 8,285 SF
Gross Building Area: See Agent
Sale Price: $600,000
Unit Price: $72.42 PSF
Property Use Type: Net Leased Investment (NNN)
Building Name: Dollar General
Sale Terms: Cash to Seller, Other
Cap Rate: 8.5%
Average Occupancy Rate: 100
Last Updated: 5/4/2020

Overview / Comments

Single Tenant Dollar General. Owner responsible for exterior maintenance; landscaping is reimbursed by tenant. Tenant responsible for taxes, insurance, utilities and interior maintenance. New exterior LED lights on entire building were replaced in 2019/20. Parking lot was restriped in 2018.

Additional Details

Nearest MSA: Morristown
County: Jefferson
Tax ID/APN: 045028J B 01000
Retail Clientele: General
Property Visibility: Excellent
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Year Built: 2003
Roof Type: Flat
Construction/Siding: Brick
Parking Type: Surface
Sprinklers: Wet
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Engineered System

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,174 4,771 13,664
Median Age: 40.71 39.7 42
Households: 845 1,818 5,413


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