Property Highlights

• Knoxville MSA | Booming Tourism Nearby | 20M+ Annual Visitors Across Sevierville-Pigeon Forge-Gatlinburg — Dandridge has become a top destination for retirees or domestic relocations to tax-free states due to the affordability & proximity to major demand drivers nearby in Knoxville, Sevierville, Pigeon Forge, & Gatlinburg.
  – Great Smoky Mountains National Park — 13M+ Annual Visitors (#1 Visited National Park in U.S.)
  – Pigeon Forge Attractions — 11M+ Annual Visitors (Titanic Museum, Dinner Shows, Outdoor Sports)
  – Dollywood — 3M+ Annual Visitors (#1 Ranked Theme Park in U.S. Multiple Times by Tripadvisor)
  – University of Tennessee — 40,000+ Student Population (Largest University in the State)
• Explosive Population Growth | Desirable Lake Lifestyle | Affordability vs Surrounding Regions — known as the “Lakeway” region of the Knoxville MSA due to the leisurely lifestyles along Cherokee & Douglas Lakes, Jefferson County as a whole is experiencing unprecedented growth patterns.
  – Jefferson Co. Population Growth since 2010 — 17.6% | Dandridge Annual Population Growth — 3.0%
• Adjacent Construction of Retail & Multifamily Projects | Direct Access to Consumer Base — positioning at the entrance to Creekside Ridge, a new townhome development, offers direct access to consumers. Retailer success near multifamily is a shared expectation & was confirmed by the construction of a new shopping center adjacent & many other retailers opening locations next door.
  – Creekside Ridge Townhomes — 73+ new townhomes with more under construction.
  – Commons at Creekside Ridge Shopping Center — new 20,000+ SF retail center home to local credit tenants.
• 18k+ VPD along Hwy 92 | Main Connector of Dandridge & Jefferson City | Nearby High School — located in the heart of Jefferson County & nearby JCHS, this Dollar General has frontage to one of the county’s most heavily trafficked roads.
• Investment Grade Credit | 7-Year Absolute NNN Lease Structure — zero landlord responsibilities.
  – DG Credit Rating — ‘BBB’ (Investment Grade)
  – Lease Type — Absolute NNN
  – Term Remaining — 7+ Years
  – Guarantor — Dolgencorp, LLC (Corporate)