Brand New Dollar General | Hampton, TN | 6.85% Cap Rate

Property Description

Randall Commercial Group, LLC is pleased to exclusively offer for sale this brand new, free standing Dollar General located in Hampton, TN. The subject property is currently under construction and will have a 15-year, absolute NNN lease with an estimated delivery date of May 2017. Dollar General is an investment grade tenant with a Standard & Poor’s BBB credit rating.

The property is located along Highway 19 East right outside of Hampton between Elizabethton, TN & Roan Mountain, TN.

  • Offering Price:  $1,340,447
  • Cap Rate:  6.85%
  • Current NOI:  $91,821
  • Building Size:  9,026*
  • Lot Size:  1.56 acres*
  • Located just along Hwy. 19 between Elizabethton and Roan Mountain.
  • 15-year lease
  • Rent Commencement Date:  June 1, 2017
  • 5920 Highway 19 East, Hampton, TN 37658

*Landlord provided data
Owner-Agency Disclosure:  An owner/agency relationship exists with the Principal Broker and with Associate Brokers (“the Brokers”) of Randall Commercial Group, LLC and the owner of Subject Property located at  5920 Highway 19 East, Hampton, TN 37658.  The Brokers have an ownership interest in the Subject Property located at 5920 Highway 19 East, Hampton, TN 37658, and other business with the Manager of the ownership entity.

General Info

Category: Recent/Closed Projects

Type: Investment, Retail

Price: $1,340,447

Address: 5920 Highway 19 East, Hampton, TN 37658

Bookmark the permalink.