Available Properties
Dollar General – Surgoinsville, TN
- 3394 Highway US-11W, Surgoinsville, TN 37873
Listing Broker
Angelo Iacobelli
- angelo@amcreis.com
- (586) 200-0044
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Property Details
- Sale Price:
- Cap rate:
- Term Remaining:
- Lease Type:
- Lease Guarantee:
- $775,000
- 8.67%
- 5.25 Years
- NN+
- Corporate Guarantee
Highlights
- Corporately Guaranteed Leased Dollar General Store
- The property is located only 6 miles away from Hawkins County Airport which lies in Surgoinsville, TN
- Minimal Competition near the Site
- Several different housing suburbs stratal Highway 11 which allows for this property to be an ideal stop for essential goods
- Surgoinsville is less than 40 miles away from Johnson City, TN and just over 80 miles from the capital of Tennessee, Knoxville.
Sale Description
AMC Real Estate Investment Services is pleased to present for sale this corporately guaranteed Dollar General property located at 3394 Highway 11W in Surgoinsville, TN. This ±9,014 SF building sits on ±0.87 acres and operates under a NN+ lease with limited landlord responsibilities. The lease runs through September 2030 with two (5-year) options remaining, offering built-in rent escalations and strong tenant performance.
Strategically positioned along a major thoroughfare with minimal retail competition, the site serves as a key provider of essential goods to the surrounding residential communities. Just 6 miles from Hawkins County Airport and less than 40 miles from Johnson City, this store benefits from consistent traffic and regional growth.
This asset offers passive income backed by Dollar General (NYSE: DG), a Fortune 500 tenant with investment-grade credit (S&P: BBB), operating over 21,000 locations nationwide. Ideal for investors seeking a stable, recession-resistant tenant in a proven location.
Location
Demographics
| Radius from site | population | average income |
|---|---|---|
|
3 Mile |
5,734 |
$49,900 |
|
5 Mile |
7,719 |
$50,000 |
|
10 Mile |
30,992 |
$57,600 |
