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3416 Montvale Road, Maryville, TN, 37803

Dollar General

$1,208,481

Key Information

Cap Rate
7.25%
$ per SF
$127
Tot. SF
9,100
Lot Size
2.39 Acres
Year Built
2015
Term Remaining
± 8.02 Years
Type
Retail
Occupancy
100%
NOI
$87,614

Highlights

• Strong Demographics : 45,091 residents within a 5-mile radius and 112,396 within a 10-mile radius
• Absolute NNN Lease: Zero Landlord Responsibilities
• Strong Tenant Commitment: Dollar General exercised an early, 10-year, lease extension in September 2024 showing their commitment to the location.
• Knoxville MSA: this store is located just 20 miles South of Knoxville, which is regularly classified as one of the fastest growing markets in the US
• Strong Customer Foot Traffic: the store ranks in the top 79th percentile nationwide and across Tennessee in terms if customer foot traffic (per AlphaMaps)
• Corporate Guarantee: Dollar General maintains an investment-grade BBB credit rating from S&P, providing additional credit strength and security for investors.
• National Footprint: With 21,000+ stores nationwide, Dollar General has an established presence and broad customer base across the U.S.
• Recession-Resistant Tenant: Dollar General’s focus on everyday essentials, including food, household supplies, health and beauty products, supports consistent consumer demand across economic cycles.
• Passive NNN Structure : The absolute NNN lease places property-level operating responsibilities on the tenant, providing a passive ownership structure with limited landlord obligations.

Photos

Location

Agents

Broker of Record

Hutt Cooke

License # 356505, 263667 (TN)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203