1127 State St | White Pine, TN 37890
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- LoopNet Team
1127 State St
White Pine, TN 37890
STNL Dollar General · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Recent Early Lease Extension demonstrating the tenant’s commitment to the site; 6+ Years of Primary Lease Term Remaining
- Steady population growth in Morristown and surrounding areas, driving demand for retail; Driven by manufacturing, healthcare, and education sectors
- Tennessee's business-friendly tax policies enhance overall return on investment; Zero Income Tax State
- Dollar General Corporate Guaranty; S&P Investment Grade Credit “BBB”; 20+ years of successful operating history
- Situated near major highways, attracting shoppers from nearby towns and increasing foot traffic; Presence of national retail chains
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
8,125 SF
Building Class
C
Year Built
2003
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
2.30 AC
Zoning
C-2
Frontage
361’ on ZIMMERMAN ST
AMENITIES
- Mezzanine
PROPERTY TAXES
| Parcel Number | 028J-B-010.00 | Improvements Assessment | $224,880 |
| Land Assessment | $62,880 | Total Assessment | $287,760 |
PROPERTY TAXES
Parcel Number
028J-B-010.00
Land Assessment
$62,880
Improvements Assessment
$224,880
Total Assessment
$287,760
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