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Dollar General 1715 Morgan County Hwy 9,026 SF Retail Building Wartburg, TN 37887 $1,147,000 ($127.08/SF) 7.25% Cap Rate
INVESTMENT HIGHLIGHTS
- 6+ Years Remaining | Scheduled 10% Rent Escalations | Renewal Options | Corporate Tenant (NYSE: DG | S&P: BBB)
- Excellent Visibility And Accessibility From State Highway 27
- Strong Rural Market Coverage | Proximity To Numerous State Parks |High-Performing Essential Retail Location | Knoxville MSA
- Absolute NNN Lease | Passive, Management-Free Ownership
- Affluent Local Demographics | Strong Purchasing Power
EXECUTIVE SUMMARY
• Over 6 year remaining on the primary lease term with 3 (5-Year) options to renew
• Scheduled 10% rent escalations every 5 years increase NOI and provide a reliable hedge against Inflation
• The tenant, Dolgencorp, LLC, is a wholly owned subsidiary of Dollar General Corporation (NYSE: DG), an investment-grade (S&P: BBB), nationally recognized discount retailer with over 20,580 locations nationwide as of May 2025
• Scheduled 10% rent escalations every 5 years increase NOI and provide a reliable hedge against Inflation
• The tenant, Dolgencorp, LLC, is a wholly owned subsidiary of Dollar General Corporation (NYSE: DG), an investment-grade (S&P: BBB), nationally recognized discount retailer with over 20,580 locations nationwide as of May 2025
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
9,026 SF
Building Class
C
Year Built
2017
Price
$1,147,000
Price Per SF
$127.08
Cap Rate
7.25%
NOI
$83,158
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
1.93 AC
Zoning
Unzoned - Morgan County has no zoning regulations
Parking
26 Spaces (2.88 Spaces per 1,000 SF Leased)
Frontage
120’ on Morgan County Hwy
AMENITIES
- Signage
PROPERTY TAXES
| Parcel Number | 129-003.00 | Improvements Assessment | $288,120 |
| Land Assessment | $4,600 | Total Assessment | $292,720 |
PROPERTY TAXES
Parcel Number
129-003.00
Land Assessment
$4,600
Improvements Assessment
$288,120
Total Assessment
$292,720
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Dollar General | 1715 Morgan County Hwy
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